Ingevity: Q1 Earnings Insights

Ingevity NGVT reported its Q1 earnings results on Wednesday, May 4, 2022 at 05:15 PM.

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

Ingevity beat estimated earnings by 55.77%, reporting an EPS of $1.62 versus an estimate of $1.04.

Revenue was up $62.50 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 0.4% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.77	1.50	1.32	1.03
EPS Actual	0.78	1.62	1.55	1.27
Revenue Estimate	289.44M	348.71M	337.64M	291.82M
Revenue Actual	336.00M	376.80M	358.40M	320.30M

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.