Ecovyst Inc reports results for the quarter ended March 31 - Earnings Summary

• Ecovyst Inc ECVT.N reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of seven analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -7 cents to 1 cents per share.

• Revenue rose 1.1% to $162.20 million from a year ago; analysts expected $168.62 million.

• Ecovyst Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $3.6 million.

• Ecovyst Inc shares had fallen by 3.5% this quarter and lost 21.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 139.7% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified chemicals peer group is also "buy"

• Wall Street's median 12-month price target for Ecovyst Inc is $10.00

This summary was machine generated from LSEG data May 1 at 01:31 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)