AdvanSix: Q1 Earnings Insights

AdvanSix 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.

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.

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.