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Innospec Earnings Preview

Benzinga Insights
·1 min read

Innospec (NASDAQ: IOSP) unveils its next round of earnings this Tuesday, August 04. Get prepared with Benzinga's ultimate preview for Innospec's Q2 earnings.

Earnings and Revenue

Wall Street analysts see Innospec reporting earnings of $0.2 per share on revenue of $278.65 million. In the same quarter last year, Innospec posted EPS of $1.120 on sales of $362.40 million. If the company were to report in-line earnings when it publishes results Tuesday, quarterly profit would be down 82.14%. Sales would have fallen 47.96% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter

Q1 2020

Q4 2020

Q3 2019

Q2 2019

EPS Estimate

1.23

1.37

1.25

1.10

EPS Actual

1.42

1.47

1.40

1.12

Revenue Estimate

535.50 M

400.45 M

367.65 M

371.20 M

Revenue Actual

372.30 M

390.70 M

371.90 M

362.40 M

Stock Performance

Over the past 52-week period, shares of Innospec have declined 13.35%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

View more earnings on IOSP

Don't be surprised to see the stock move on comments made during its conference call. Innospec is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/qke7x49p

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