Innospec Inc expected to post earnings of $1.36 a share - Earnings Preview

Innospec

30/07/2022 24:12

* Innospec Inc  IOSP.OQ   IOSP.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 2. 
    * The Englewood Colorado-based  company is expected to
report  a
24.5% increase in revenue to $441.333 million from $354.5
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Innospec Inc is for
earnings of $1.36 per share. For the same quarter last year, the
company reported earnings of $1.30 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Innospec
Inc is
$117.5​, above​ its last closing price of $102.00. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.21        1.19       1.53      Beat    28.3
 Dec. 31 2022  1.03        1.04       1.30      Beat    25
 Sep. 30 2021  1.02        1.01       1.15      Beat    14.2​
 Jun. 30 2021  0.91        0.89       1.30      Beat    46.6
 ​​Mar.        0.99        0.99       1.06      Beat    7.6
 31 2021                                                
 Dec. 31 2020  0.73        0.71       1.27      Beat    78.9​
 Sep. 30 2020  0.35        0.34       0.71      Beat    108.8
 Jun. 30 2020  0.21        0.20       -0.18     Missed  -190
 This summary was machine generated July 29 at 23:12 GMT.  All
figures in US dollars  unless otherwise stated