Innospec Inc expected to post earnings of $1.62 a share - Earnings Preview

Innospec

09/02/2024 21:31

* Innospec Inc  IOSP.OQ   IOSP.O  is expected to show a fall
in
quarterly revenue when it reports  results on February 13 for
the period ending December 31 2023
    * The Englewood Colorado-based  company is expected to
report a
6.1% decrease in revenue to $479.467 million from $510.7 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Innospec Inc is for
earnings
of $1.62 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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
$124.50​, above​ its last closing price of $118.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.45        1.45       1.59      Beat    9.9
 Jun. 30 2023  1.28        1.28       1.28      Met     0
 Mar. 31 2023  1.17        1.17       1.38      Beat    18.3​
 Dec. 31 2022  1.38        1.40       1.20      Missed  -14
 ​​Sep.        1.42        1.41       1.74      Beat    23.2
 30 2022                                                
 Jun. 30 2022  1.35        1.36       1.58      Beat    16.2​
 Mar. 31 2022  1.21        1.19       1.53      Beat    28.3
 Dec. 31 2021  1.03        1.04       1.30      Beat    25
 This summary was machine generated February 9 at 21:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)