Ingevity Corp reports results for the quarter ended in March - Earnings Summary

Ingevity

29/04/2021 03:44

* Ingevity Corp  NGVT.N  reported quarterly adjusted earnings of
$1.27​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of $1.03 per share.
* Revenue rose 11.1% to $320.30 million from a year ago​; 
analysts expected $291.82 million.
* Ingevity Corp's reported EPS for the quarter was $1.20​.
* The mean earnings estimate of analysts had risen by about 0.2%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates and  
* Ingevity Corp shares had fallen by 1.3% this quarter and
lost 1.6% so far this year.
* The company reported quarterly net income of $48.7 million.
* Wall Street's median 12-month price target for Ingevity Corp
is $83.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated April 29 at 02:44 a.m. GMT.
​All figures in US Dollars.​