Recap: Innospec Q1 Earnings

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Innospec IOSP reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:00 PM.

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

Earnings

Innospec beat estimated earnings by 17.95%, reporting an EPS of $1.38 versus an estimate of $1.17.

Revenue was up $37.20 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 3.41% drop in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.39 1.41 1.35 1.19
EPS Actual 1.20 1.74 1.58 1.53
Revenue Estimate 485.73M 464.00M 439.43M 397.67M
Revenue Actual 510.70M 513.00M 467.60M 472.40M

To track all earnings releases for Innospec visit their earnings calendar here.

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

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