Recap: Valvoline Q1 Earnings

Valvoline VVV reported its Q1 earnings results on Tuesday, February 8, 2022 at 05:00 PM.

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

Valvoline beat estimated earnings by 6.67%, reporting an EPS of $0.48 versus an estimate of $0.45.

Revenue was up $205.00 million from the same period last year.

Last quarter the company beat on EPS by $0.03, which was followed by a 2.6% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.47	0.45	0.37	0.36
EPS Actual	0.50	0.55	0.46	0.41
Revenue Estimate	828.88M	745.32M	658.26M	629.90M
Revenue Actual	835.00M	792.00M	701.00M	653.00M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Valvoline management provided guidance for their next quarter, expecting earnings between $2.07 and $2.2 per share for the next quarter.

This represents a 344.79% in quarter-over-quarter growth for Valvoline, a bullish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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