Valvoline Inc reports results for the quarter ended September 30 - Earnings Summary

Valvoline

19/11/2024 14:32

* Valvoline Inc  VVV.N  reported quarterly adjusted earnings
of 46
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 39 cents.  The mean expectation of thirteen analysts for the
quarter was for earnings of 42 cents per share. Wall Street
expected results to range from 40 cents to 45 cents per share.
    * Revenue rose 11.7% to $435.50 million from a year ago;
analysts
expected $432.74 million. 
    * Valvoline Inc's reported EPS for the quarter was 71
cents​.
    * The company reported quarterly net income of $92.3
million.
    * Valvoline Inc shares had risen by 1.1% this quarter and
gained 12.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the personal
services
peer group is also "buy"

Wall Street's median 12-month price target for Valvoline Inc is
$46.00 
This summary was machine generated from LSEG data November 19 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.42           0.46           Beat
 Jun. 30 2024      0.48           0.45           Missed
 Mar. 31 2024      0.35           0.37           Beat
 Dec. 31 2023      0.29           0.29           Met