Innophos Holdings, Inc. (IPHS) to Release Earnings on Tuesday
Innophos Holdings, Inc. (NASDAQ:IPHS) is scheduled to release its earnings data on Tuesday, October 31st. Analysts expect Innophos Holdings to post earnings of $0.72 per share for the quarter.
Innophos Holdings (NASDAQ:IPHS) last announced its quarterly earnings data on Tuesday, August 1st. The specialty chemicals company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.52 by $0.05. Innophos Holdings had a net margin of 6.46% and a return on equity of 13.79%. The business had revenue of $179.14 million during the quarter, compared to analysts’ expectations of $172.65 million. During the same period in the previous year, the business posted $0.63 EPS. The business’s quarterly revenue was down 1.5% compared to the same quarter last year. On average, analysts expect Innophos Holdings to post $2.51 EPS for the current fiscal year and $2.76 EPS for the next fiscal year.
Shares of Innophos Holdings, Inc. (IPHS) traded up 0.43% during mid-day trading on Tuesday, reaching $49.03. 43,999 shares of the company’s stock traded hands. The firm has a market cap of $950.99 million, a price-to-earnings ratio of 21.41 and a beta of 0.88. Innophos Holdings, Inc. has a one year low of $39.52 and a one year high of $58.22. The firm’s 50-day moving average is $47.97 and its 200 day moving average is $45.36.
A number of equities analysts have recently issued reports on IPHS shares. Zacks Investment Research lowered shares of Innophos Holdings from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 4th. BidaskClub lowered shares of Innophos Holdings from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th.
About Innophos Holdings
Innophos Holdings, Inc is a producer of nutritional specialty ingredients with applications in food, beverage, dietary supplements, pharmaceutical, oral care and industrial end markets. The Company also provides bioactive mineral and nutritional ingredients. The Company’s segments include Specialty Phosphates US & Canada, Specialty Phosphates Mexico, and Granular Triple Super Phosphate (GTSP) & Other.
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