Ecovyst Inc reports results for the quarter ended September 30 - Earnings Summary

• Ecovyst Inc ECVT.N reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 14 cents. The mean expectation of six analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 5 cents to 23 cents per share.

• Revenue rose 14.3% to $204.90 million from a year ago; analysts expected $204.74 million.

• Ecovyst Inc's reported EPS for the quarter was a loss of 69 cents​.

• The company reported a quarterly loss of $79.3 million.

• Ecovyst Inc shares had fallen by 5.6% this quarter and gained 8.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 44.5% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the diversified chemicals peer group is also "buy"

• Wall Street's median 12-month price target for Ecovyst Inc is $12.00, about 31.1% above its last closing price of $8.27

This summary was machine generated from LSEG data November 4 at 02:31 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)