Valvoline Inc expected to post earnings of 35 cents a share - Earnings Preview

Valvoline

06/05/2024 17:25

* Valvoline Inc  VVV.N   VVV  is expected to show a rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Lexington Kentucky-based  company is expected to
report a
13.4% increase in revenue to $390.81 million from $344.5 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Valvoline Inc is for
earnings
of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"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
$45.00​, above​ its last closing price of $43.62. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.29        0.29       0.29      Met     0.5
 Sep. 30 2023  0.41        0.41       0.39      Missed  -4.2
 Jun. 30 2023  0.37        0.36       0.43      Beat    18.8​
 Mar. 31 2023  0.31        0.28       0.23      Missed  -16.7
 ​​Dec.        0.22        0.22       0.16      Missed  -28.5
 31 2022                                                
 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
 This summary was machine generated May 6 at 16:25 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)