Valvoline Inc expected to post earnings of 28  cents a share - Earnings Preview

Valvoline

08/05/2023 19:43

* Valvoline Inc  VVV.N   VVV  is expected to show a fall in
quarterly revenue when it reports  results on May 10. 
    * The Lexington Kentucky-based  company is expected to
report  a
61.1% decrease in revenue to $344.361 million from $886 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 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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
$40​, above​ its last closing price of $34.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.22        0.22       0.16      Missed  -28.5
 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.        0.46        0.45       0.48      Beat    5.7
 31 2021                                                
 Sep. 30 2021  0.47        0.47       0.50      Beat    6.2​
 Jun. 30 2021  0.48        0.45       0.55      Beat    22.3
 Mar. 31 2021  0.37        0.37       0.46      Beat    24.7
 This summary was machine generated May 8 at 18:43 GMT.  All
figures in US dollars  unless otherwise stated