Valvoline Inc expected to post earnings of 22cents a share - Earnings Preview

Valvoline

03/02/2023 13:33

* Valvoline Inc  VVV.N   VVV  is expected to show a fall in
quarterly revenue when it reports  results on February 7. 
    * The Lexington Kentucky-based  company is expected to
report  a
60.6% decrease in revenue to $335.752 million from $853 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Valvoline Inc is
for
earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "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 Valvoline
Inc is
$39​, above​ its last closing price of $36.48. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.50        0.51       0.59      Beat    16.1
 Jun. 30 2022  0.56        0.57       0.58      Beat    2.5
 Mar. 31 2022  0.51        0.50       0.48      Missed  -4.3​
 Dec. 31 2021  0.46        0.45       0.48      Beat    5.7
 ​​Sep.        0.47        0.47       0.50      Beat    6.2
 30 2021                                                
 Jun. 30 2021  0.48        0.45       0.55      Beat    22.3​
 Mar. 31 2021  0.37        0.37       0.46      Beat    24.7
 Dec. 31 2020  0.37        0.36       0.41      Beat    12.7
 This summary was machine generated February 3 at 13:33 GMT.  All
figures in US dollars  unless otherwise stated