Innospec's (IOSP) Q1 Earnings Surpass Estimates, Sales Lag
Innospec(IOSP) Zacks Investment Research·2024-05-14 19:50
Innospec Inc. (IOSP) recorded a profit of $41.4 million or $1.65 per share in first-quarter 2024, up from a profit of $33.2 million or $1.33 per share in the year-ago quarter.Barring one-time items, earnings came in at $1.75 per share, up from $1.38 per share a year ago. It topped the Zacks Consensus Estimate of $1.64.The company’s revenues fell roughly 2% year over year to $500.2 million in the quarter. It missed the Zacks Consensus Estimate of $508 million. The company saw continued strong results in its ...