Ingevity (NYSE:NGVT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Ingevity missed estimated earnings by 3.54%, reporting an EPS of $1.09 versus an estimate of $1.13.
Revenue was up $9.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.3 which was followed by a 5.98% drop in the share price the next day.
Here’s a look at Ingevity’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.87 | 1.69 | 1.62 | 1.04 |
| EPS Actual | 0.57 | 2.09 | 1.73 | 1.62 |
| Revenue Estimate | 392.90M | 422.62M | 409.67M | 341.58M |
| Revenue Actual | 383.60M | 482.00M | 419.90M | 382.80M |
To track all earnings releases for Ingevity visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
