Innospec Third Quarter 2024 Earnings: EPS Beats Expectations

Simply Wall St.11-10

Innospec (NASDAQ:IOSP) Third Quarter 2024 Results Key Financial Results Revenue: US$443.4m (down 4.5% from 3Q 2023). Net income: US$33.4m (down 15% from 3Q 2023). Profit margin: 7.5% (down from 8.4% ...

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The decrease in margin was driven by lower revenue.NasdaqGS:IOSP Earnings and Revenue Growth November 10th 2024. All figures shown in the chart above are for the trailing 12 month  period. Revenue was in line with analyst estimates. Earnings per share  surpassed analyst estimates by 6.4%.Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in the US.The company's shares are up 12% from a week ago.You still need to take note of risks, for example - Innospec has   1 warning sign   we think you should be aware of.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"IOSP":"英诺斯派材料"},"translate_title":"Innospec 2024年第三季度收益：每股收益超出预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IOSP":1},"content_text":"Innospec (NASDAQ:IOSP) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: US$443.4m (down 4.5% from 3Q 2023).\nNet income: US$33.4m (down 15% from 3Q 2023).\nProfit margin: 7.5% (down from 8.4% in 3Q 2023). The decrease in margin was driven by lower revenue.\nEPS: US$1.34 (down from US$1.58 in 3Q 2023).\n\n\n\n\n  NasdaqGS:IOSP Earnings and Revenue Growth November 10th 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nInnospec EPS Beats Expectations\n Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.4%. \n Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Chemicals industry in the US. \nPerformance of the American Chemicals industry.\n The company's shares are up 12% from a week ago. \nRisk Analysis\n You still need to take note of risks, for example - Innospec has   1 warning sign   we think you should be aware of. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2482426436"}