Innospec (NASDAQ:IOSP) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Innospec beat estimated earnings by 17.95%, reporting an EPS of $1.38 versus an estimate of $1.17.
Revenue was up $37.20 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 3.41% drop in the share price the next day.
Here’s a look at Innospec’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.39 | 1.41 | 1.35 | 1.19 |
| EPS Actual | 1.20 | 1.74 | 1.58 | 1.53 |
| Revenue Estimate | 485.73M | 464.00M | 439.43M | 397.67M |
| Revenue Actual | 510.70M | 513.00M | 467.60M | 472.40M |
To track all earnings releases for Innospec visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
