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Innospec's Earnings: A Preview

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Benzinga Insights
·2 min read
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On Tuesday, February 16, Innospec (NASDAQ:IOSP) will release its latest earnings report. Decipher the announcement with Benzinga's help.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on management's projections, Innospec analysts model for earnings of $0.71 per share on sales of $284.50 million. Innospec reported a profit of $1.47 per share when it published results during the same quarter last year. Sales in that period totaled $390.70 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

View more earnings on IOSP

If the company were to report earnings in line when it publishes results Tuesday, earnings would be down 51.7%. Sales would have fallen 27.18% from the same quarter last year. Here is how the company's EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.34

0.20

1.23

1.37

EPS Actual

0.71

-0.18

1.42

1.47

Revenue Estimate

277.60 M

278.65 M

535.50 M

400.45 M

Revenue Actual

265.10 M

244.90 M

372.30 M

390.70 M

Stock Performance

Shares of Innospec were trading at $99.95 as of February 11. Over the last 52-week period, shares are down 3.35%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Innospec is scheduled to hold the call at 09:00:00 ET and can be accessed here.

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