Innospec (IOSP) Set to Announce Earnings on Wednesday
Innospec (NASDAQ:IOSP) will announce its Q1 earnings results on Wednesday, May 7th. Persons that wish to register for the company’s earnings conference call can do so using this link.
Innospec (NASDAQ:IOSP) last released its earnings data on Thursday, February 13th. The company reported $1.06 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.96 by $0.10. The company had revenue of $241.60 million for the quarter, compared to the consensus estimate of $250.00 million. On average, analysts expect Innospec to post $3.29 EPS for the current fiscal year and $3.78 EPS for the next fiscal year.
Innospec (NASDAQ:IOSP) opened at 43.02 on Tuesday. Innospec has a 52-week low of $39.27 and a 52-week high of $49.41. The stock’s 50-day moving average is $44.34 and its 200-day moving average is $44.83. The company has a market cap of $1.047 billion and a price-to-earnings ratio of 13.31.
Several analysts have recently commented on the stock. Analysts at CJS Securities downgraded shares of Innospec to a “market perform” rating in a research note on Friday, February 14th. Analysts at Monness Crespi & Hardt raised their price target on shares of Innospec from $46.00 to $53.00 in a research note on Friday, February 14th. They now have a “buy” rating on the stock.
Innospec Inc (NASDAQ:IOSP) develops, manufactures, blends and markets fuel additives, personal care and fragrance products and other specialty chemicals.
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