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

Valvoline

15/11/2022 14:31

* Valvoline Inc  VVV.N  reported quarterly adjusted earnings
of 59
cents​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for earnings of
51 cents per share.
    * Revenue fell 59.8% to $335.40 million from a year ago;
analysts
expected $783.23 million. 
    * Valvoline Inc's reported EPS for the quarter was 88
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
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 26.9% this quarter and
lost 13.8% so far this year.
    * The company reported quarterly net income of $157.4
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," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
15 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.45           0.48           Beat