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

Innospec

04/08/2021 24:16

* Innospec Inc  IOSP.OQ  reported quarterly adjusted earnings of
$1.30​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 89 cents per share.
* Revenue rose 44.8% to $354.50 million from a year ago; 
analysts expected $334.95 million. 
* Innospec Inc's reported EPS for the quarter was 90 cents​.
* The mean earnings estimate of analysts had risen by about 4.3%
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 fallen by 2.4% this quarter and
lost 2.5% so far this year.
* The company reported quarterly net income of $22.4 million.
* Wall Street's median 12-month price target for Innospec Inc is
$114.50 
* 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." 
This summary was machine generated August 3 at 11:16 p.m.  ​All
figures in US dollars unless otherwise stated