Innospec Inc reports results for the quarter ended in December - Earnings Summary

Innospec

21/02/2023 23:27

* Innospec Inc  IOSP.OQ  reported quarterly adjusted
earnings of
$1.20​​ per share for the quarter ended in December. The mean
expectation of four analysts for the quarter was for earnings of
$1.40 per share.
    * Revenue rose 23.6% to $510.70 million from a year ago;
analysts
expected $485.73 million. 
    * Innospec Inc's reported EPS for the quarter was $1.02​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Innospec Inc shares had risen by 12.1% this quarter.
    * The company reported quarterly net income of $25.5
million.
    * Wall Street's median 12-month price target for Innospec
Inc is
$121.50 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 11:27 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.40           1.20           Missed
 Sep. 30 2022      1.41           1.74           Beat
 Jun. 30 2022      1.36           1.58           Beat
 Mar. 31 2022      1.19           1.53           Beat