Innospec Inc reports results for the quarter ended December 31 - Earnings Summary

• Innospec Inc IOSP.OQ reported quarterly adjusted earnings of $1.51​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.84. The mean expectation of three analysts for the quarter was for earnings of $1.36 per share. Wall Street expected results to range from $1.35 to $1.37 per share.

• Revenue fell 5.6% to $466.80 million from a year ago; analysts expected $447.43 million.

• Innospec Inc's reported EPS for the quarter was a loss of $2.80​.

• The company reported a quarterly loss of $70.4 million.

• Innospec Inc shares had fallen by 1.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialty chemicals peer group is also "buy"

Wall Street's median 12-month price target for Innospec Inc is $132.50

This summary was machine generated from LSEG data February 18 at 10:48 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)