Ecovyst (NYSE:ECVT) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Ecovyst beat estimated earnings by 20.0%, reporting an EPS of $0.06 versus an estimate of $0.05.
Revenue was down $18.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.59% increase in the share price the next day.
Here’s a look at Ecovyst’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.23 | 0.24 | 0.18 | 0.14 |
| EPS Actual | 0.25 | 0.23 | 0.22 | 0.15 |
| Revenue Estimate | 189.45M | 226.33M | 202.44M | 175.50M |
| Revenue Actual | 182.80M | 232.50M | 225.20M | 179.70M |
To track all earnings releases for Ecovyst visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
