Ecovyst: Q1 Earnings Insights

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Ecovyst 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.

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