Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Innospec ($IOSP)

Innospec's (NASDAQ: IOSP) third quarter financial results release is scheduled for Tuesday 5th November 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.

According to predictions from financial analysts on Wall Street, the enterprise is expected to report an estimated per share $1.35 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $442.13 million during this period.

In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $1.59. Notably, the company's total revenue reached an impressive $464.1 million during that specific period.

Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $1.83 billion. At the same time, they are expecting the company to achieve per share profit of $5.93 for the fiscal year ahead.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.39 +8.6% 435.00 M -9.5%
Q1 2024 $1.75 +26.8% 500.20 M -1.8%
Q4 2023 $1.84 +53.3% 494.70 M -3.1%
Q3 2023 $1.59 -8.6% 464.10 M -9.5%
Q2 2023 $1.28 -19.0% 480.40 M +2.7%
*Growth on year-over-year basis

 

IOSP has scheduled a conference call on 6th November 2024 at 10:00 AM eastern time to discuss the third quarter financial results and other related information.

Innospec (IOSP) closed Friday's regular trading session at $108.39, marking a 0.57 percent advance, with a volume of 54.10 thousand shares.

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