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

Valvoline

07/02/2023 14:32

* Valvoline Inc  VVV.N  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 22 cents per share.
    * Revenue fell 61% to $332.80 million from a year ago;
analysts
expected $335.75 million. 
    * Valvoline Inc's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Valvoline Inc shares had risen by 11.0% this quarter.
    * The company reported quarterly net income of $81.9
million.
    * Wall Street's median 12-month price target for Valvoline
Inc is
$39.00 
    * 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." 

This summary was machine generated from Refinitiv data February
7 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.22           0.16           Missed
 Sep. 30 2022      0.51           0.59           Beat
 Jun. 30 2022      0.57           0.58           Beat
 Mar. 31 2022      0.50           0.48           Missed