Recap: Ingevity Q2 Earnings

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Ingevity NGVT reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:15 PM.

Here's what investors need to know about the announcement.

Earnings

Ingevity beat estimated earnings by 6.79%, reporting an EPS of $1.73 versus an estimate of $1.62.

Revenue was up $61.50 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.58 which was followed by a 5.33% increase in the share price the next day.

Here's a look at Ingevity's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.04 0.77 1.50 1.32
EPS Actual 1.62 0.78 1.62 1.55
Revenue Estimate 341.58M 289.44M 348.71M 337.64M
Revenue Actual 382.80M 336.00M 376.80M 358.40M

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.

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