AdvanSix (NYSE:ASIX) reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
AdvanSix beat estimated earnings by 30.0%, reporting an EPS of $1.3 versus an estimate of $1.0.
Revenue was down $78.53 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.25 which was followed by a 0.81% increase in the share price the next day.
Here’s a look at AdvanSix’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.52 | 0.30 | 2.37 | 1.71 |
| EPS Actual | 1.27 | 0.43 | 2.30 | 2.26 |
| Revenue Estimate | 472.63M | 478.47M | 557.50M | 481.77M |
| Revenue Actual | 404.06M | 478.77M | 583.74M | 479.07M |
To track all earnings releases for AdvanSix visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
