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Innospec(IOSP) - 2024 Q1 - Quarterly Results
2024-05-10 18:07
Exhibit 99.1 INNOSPEC REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS Strong contribution from Performance Chemicals drives operating income growth of 23 percent $80.6 million cash generated from operations; Net cash improves to $270.1 million Dividend increased by 10 percent; Strong debt-free balance sheet GAAP EPS of $1.65 and adjusted non-GAAP EPS of $1.75 Englewood, CO – May 9, 2024 – Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the first quarter ended March 31, 2024. The Company ...
Innospec (IOSP) Q1 Earnings Beat Estimates
Zacks Investment Research· 2024-05-10 07:05
Innospec (IOSP) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.64 per share. This compares to earnings of $1.38 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.71%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $1.59 per share when it actually produced earnings of $1.84, delivering a surprise of 15.72%.Over the last four quarters, ...
Innospec (IOSP) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-05-02 23:06
Wall Street expects a year-over-year increase in earnings on lower revenues when Innospec (IOSP) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 9. On the oth ...
Why Innospec (IOSP) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-24 01:16
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Innospec (IOSP) , which belongs to the Zacks Chemical - Diversified industry.When looking at the last two reports, this specialty chemicals company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 12.69%, on average, in the last two quarters.For the last reported quarter, Innospec came out with earnings of $1. ...
Innospec(IOSP) - 2023 Q4 - Earnings Call Transcript
2024-02-15 00:31
财务数据和关键指标变化 - 公司第四季度总收入为4.947亿美元,同比下降3% [16] - 整体毛利率上升1.8个百分点至31.5% [16] - 第四季度EBITDA为5400万美元,与去年基本持平 [16] - 第四季度净利润为3780万美元,同比增长48% [16] - 全年总收入为19.5亿美元,同比下降1% [17] - 全年EBITDA为2.106亿美元,同比下降6.5% [18] - 全年净利润为1.391亿美元,同比增长4.6% [18] 各条业务线数据和关键指标变化 Performance Chemicals - 第四季度收入为1.372亿美元,同比下降5% [20] - 毛利率上升2.9个百分点至21.3% [20] - 营业利润增长14%至1800万美元 [20] - 全年收入为5.616亿美元,同比下降12% [21] - 全年营业利润下降43%至5450万美元 [21] Fuel Specialties - 第四季度收入为1.821亿美元,同比下降1% [22] - 毛利率上升5.1个百分点至32.9% [22] - 营业利润增长22%至3260万美元 [22] - 全年收入为6.959亿美元,同比下降5% [22] - 全年营业利润下降10%至1.097亿美元,剔除巴西存货影响后增长3% [22] Oilfield Services - 第四季度收入为1.754亿美元,同比下降4% [23] - 毛利率下降2.4个百分点至38% [23] - 营业利润下降11%至1830万美元 [23] - 全年收入为6.913亿美元,同比增长16% [24] - 全年营业利润增长88%至7860万美元 [24] 公司战略和发展方向及行业竞争 - 公司完成收购QGP Quimica,这有助于进一步强化Performance Chemicals业务,并在南美增加战略性制造能力 [10][11] - 公司将继续专注于提升各业务线的运营利润率和利润率水平 [12][29] - 公司看好2024年各业务线的增长和利润率改善机会 [14] - 公司保持强劲的现金流和良好的财务状况,为未来并购、股息增长和有机投资提供灵活性 [30] 管理层对经营环境和未来前景的评论 - 尽管经济环境仍具挑战,但公司在Performance Chemicals业务中取得了进展,连续两个季度实现营业利润和利润率改善 [12] - 预计未来几个季度Oilfield Services业务的生产化学品活动水平将保持温和,但公司仍看好2024年各业务线的销售增长和利润率改善机会 [14] - 公司对QGP Quimica的整合和协同效应感到非常兴奋,相信这将为公司带来良好的业绩贡献 [43] 问答环节重要的提问和回答 问题1 **Jonathan Tanwanteng 提问** 询问Oilfield Services业务的未来趋势和税率指引的原因 [33][39] **Patrick Williams 和 Ian Cleminson 回答** - Oilfield Services业务在2024年可能会保持持平或小幅增长 [37][38] - 25%的税率指引反映了公司收入来源的地理分布变化 [39][40] 问题2 **Michael Harrison 提问** 询问Performance Chemicals业务的需求和利润率趋势 [49][50] **Patrick Williams 回答** - 预计Performance Chemicals业务2024年会实现低个位数到中个位数的收入增长 [45] - 利润率有望维持在当前水平或略有提升,公司正专注于提升该业务的利润率 [51][52] 问题3 **Jonathan Tanwanteng 提问** 询问公司未来现金使用的优先顺序 [63] **Patrick Williams 回答** - 公司现金使用的优先顺序包括:增加股息、有机增长投资、以及寻找符合公司战略的并购机会 [64][65]
Innospec(IOSP) - 2023 Q4 - Annual Report
2024-02-14 22:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-13879 INNOSPEC INC. (Exact name of registrant as specified in its charter) DELAWARE 98-0181725 State or other jurisdiction of (I.R.S. Employer inc ...
Innospec(IOSP) - 2023 Q3 - Earnings Call Transcript
2023-11-09 09:58
财务数据和关键指标变化 - 公司总收入为4.641亿美元,同比下降10% [17] - 整体毛利率为29.6%,同比下降0.8个百分点 [17] - EBITDA为5,650万美元,同比下降4.6% [17] - 净利润为3,920万美元,同比增长1.3% [17] - 每股收益为1.57美元,调整后每股收益为1.59美元,同比下降8.6% [18] 各条业务线数据和关键指标变化 Performance Chemicals - 收入为1.452亿美元,同比下降9% [19] - 毛利率为20.9%,同比下降3.6个百分点 [19] - 营业利润为1,690万美元,同比下降33% [19] Fuel Specialties - 收入为1.693亿美元,同比下降5% [20] - 毛利率为31.3%,同比上升1.4个百分点 [20] - 营业利润为2,760万美元,同比下降1.1% [20] Oilfield Services - 收入为1.496亿美元,同比下降14% [21] - 毛利率为36%,同比下降0.4个百分点 [21] - 营业利润为1,640万美元,同比增长15% [21] 各个市场数据和关键指标变化 - 公司未具体披露各个市场的数据和指标变化 [无] 公司战略和发展方向及行业竞争 - 公司正在执行多项有机增长机会,包括在Performance Chemicals业务中的新产品和扩产 [11][12][13][50][51] - 公司将继续专注于提升Fuel Specialties业务的利润率,这是中期的关键重点和机会 [14] - 公司在Oilfield Services业务保持强劲表现,预计第四季度和2024年将保持类似水平 [15][33][34] - 公司将保持谨慎的现金管理策略,关注有机增长、股息增长和潜在的并购机会 [36][37] 管理层对经营环境和未来前景的评论 - 公司对Performance Chemicals业务的未来前景持谨慎乐观态度,认为去库存压力已经见顶 [11][38][39][40][41] - 公司预计Fuel Specialties业务的毛利率在第四季度和2024年初仍将处于较低水平,但有望在未来几个季度逐步改善 [42][43][44] - 公司对Oilfield Services业务的前景保持乐观,预计第四季度和2024年将保持类似的强劲表现 [15][33][34] 问答环节重要的提问和回答 问题1 **Jonathan Tanwanteng 提问** Performance Chemicals业务的新产品和传统产品在本季度的改善情况 [30][31][32] **Patrick Williams 回答** 新产品和传统产品的改善都有贡献,但新产品的放量还处于早期阶段,公司对2024年持谨慎乐观态度 [31][32] 问题2 **Michael Harrison 提问** Fuel Specialties业务的毛利率压力及未来走势 [42][43][44][45] **Patrick Williams 和 Ian Cleminson 回答** 第四季度和2024年初Fuel Specialties业务的毛利率预计仍将处于较低水平,但有望在未来几个季度逐步改善,公司正在采取措施提升利润率 [42][43][44][46][47] 问题3 **David Silver 提问** Performance Chemicals和Oilfield Services业务的资源支持情况 [49][50][51][52][53][54][55][56] **Patrick Williams 回答** 公司目前有足够的资源支持当前的业务增长,未来如果业务大幅增长还需要适当增加人员和其他资源支持 [54][55][56]
Innospec(IOSP) - 2023 Q3 - Quarterly Report
2023-11-08 23:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-13879 INNOSPEC INC. (Exact name of registrant as specified in its charter) DELAWARE 98-0181725 (State or other jurisdiction of (I.R.S. Em ...
Innospec(IOSP) - 2023 Q2 - Earnings Call Presentation
2023-08-10 01:58
Q2 2023 Earnings August 2023 ...
Innospec(IOSP) - 2023 Q2 - Earnings Call Transcript
2023-08-10 01:58
Innospec Inc. (NASDAQ:IOSP) Q2 2023 Earnings Conference Call August 9, 2023 10:00 AM ET Company Participants David Jones - General Counsel & Chief Compliance Officer Patrick Williams - President & CEO Ian Cleminson - EVP & CFO Conference Call Participants Michael Harrison - Seaport Research David Silver - CL King & Associates Operator Good day, and thank you for standing by. Welcome to the Innospec's Second Quarter 2023 Earnings Release and Conference Call. At this time, all participants are in a listen-onl ...