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

• AdvanSix Inc ASIX.N reported quarterly adjusted earnings of 93 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -56 cents. The mean expectation of two analysts for the quarter was for earnings of 83 cents per share. Wall Street expected results to range from 81 cents to 84 cents per share.

• Revenue rose 12.2% to $377.79 million from a year ago; analysts expected $347.25 million.

• AdvanSix Inc's reported EPS for the quarter was 86 cents​.

• The company reported quarterly net income of $23.34 million.

• AdvanSix Inc shares had fallen by 6.0% this quarter and lost 25.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 7.3% 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 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialty chemicals peer group is "hold."

• Wall Street's median 12-month price target for AdvanSix Inc is $33.00

This summary was machine generated from LSEG data May 2 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)