Core Insights - Innospec Inc. reported a net loss of $70.4 million for Q4 2024, primarily due to a non-cash settlement charge of $155.6 million related to the UK pension scheme buyout, compared to a net income of $37.8 million in Q4 2023 [2][15][16] - Total revenues for Q4 2024 were $466.8 million, a decrease of 6% from $494.7 million in the same period last year [2][6] - Adjusted non-GAAP earnings per share for Q4 2024 were $1.41, down from $1.84 in Q4 2023 [3][6] Financial Performance - Performance Chemicals segment revenues increased by 23% to $169.2 million in Q4 2024, with operating income rising 14% to $20.6 million [12][26] - Fuel Specialties revenues grew by 5% to $191.8 million in Q4 2024, with operating income up 7% to $34.9 million [13][26] - Oilfield Services revenues fell by 40% to $105.8 million in Q4 2024, with operating income decreasing 59% to $7.5 million [14][26] Yearly Overview - For the full year 2024, total revenues were $1.85 billion, down 5% from $1.95 billion in 2023 [6][26] - Full year net income was $35.6 million, or $1.42 per diluted share, significantly lower than $139.1 million, or $5.56 per diluted share, in 2023 [6][26] - Adjusted EBITDA for 2024 was $225.2 million, an increase of 4% from $216.0 million in 2023 [6][27] Cash Flow and Balance Sheet - In Q4 2024, Innospec generated $25.7 million in cash from operations, with net cash at $289.2 million as of December 31, 2024, compared to $203.7 million a year earlier [3][16] - The company reported a decrease in corporate costs to $20.6 million, down from $24.4 million in the previous year [15][26] Segment Analysis - Performance Chemicals showed strong growth with a full year revenue increase of 16% to $653.7 million and operating income up 52% to $82.9 million [12][26] - Fuel Specialties achieved a full year revenue increase of 1% to $701.1 million, with operating income rising 18% to $129.6 million [13][26] - Oilfield Services experienced a full year revenue decline of 29% to $490.6 million, with operating income down 51% to $38.8 million [14][26]

Company Overview - Innospec (IOSP) is expected to report a year-over-year decline in earnings, with a projected EPS of $1.36, reflecting a decrease of 26.1% compared to the previous year [3] - Revenues are anticipated to be $450.75 million, down 8.9% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on February 18, 2025, and the actual results will significantly influence the stock price depending on whether they meet or exceed expectations [2] - The consensus EPS estimate has been revised 0.74% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Most Accurate Estimate for Innospec is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.37% [10][11] - However, the stock holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [11] Historical Performance - Innospec has matched consensus EPS estimates in the last reported quarter, with no surprise [12] - Over the past four quarters, the company has beaten consensus EPS estimates three times [13] Industry Comparison - Huntsman (HUN), another player in the Zacks Chemical - Diversified industry, is expected to report a loss of $0.12 per share, indicating a year-over-year change of +42.9% [17] - Huntsman's revenues are projected to be $1.46 billion, up 4.2% from the previous year [17] - The consensus EPS estimate for Huntsman has been revised down by 95.1% in the last 30 days, but it currently has an Earnings ESP of 7.72%, suggesting a likely earnings beat [18]

Group 1 - Innospec Inc. will release its fourth quarter 2024 earnings results on February 18, 2025, after market close [1] - An interactive conference call will be hosted by the CEO and CFO on February 19, 2025, at 9:00 a.m. ET [1] - The public can register for the conference call in advance and will receive dial-in numbers and a unique Personal PIN [2] Group 2 - An audio webcast of the conference call will be available on Innospec's website, along with a slide presentation [3] - A replay of the webcast will be accessible for 30 days following the call [3] Group 3 - Innospec Inc. is an international specialty chemicals company with approximately 2,400 employees across 22 countries [4] - The company manufactures and supplies specialty chemicals for various markets, including Personal Care, Home Care, Agrochemical, Mining, and Industrial [4] - Innospec's Fuel Specialties business focuses on fuel additives that enhance fuel efficiency and reduce emissions [4]

Innospec, Inc. (NASDAQ:IOSP) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants David Jones - General Counsel & Chief Compliance Officer Ian Cleminson - EVP & CFO Patrick Williams - President & CEO Conference Call Participants Mike Harrison - Seaport Research Partners Jon Tanwanteng - CJS Securities David Silver - CL King & Associates Operator Good day, and thank you for standing by. Welcome to the Innospec Third Quarter 2024 Earnings Release Conference Call. [Operator Instru ...

Q3 2024 Earnings 1 November 2024 innospec}» Forward Looking Statements This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Such forwardlooking statements include statements (covered by words like "expects," "estimates," "anticipates," "may," "could," "believes," "feels," "plans," "intends," ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |----------------------------------------------------------------------------|------------------------------------------| | | | | For the transition period from to | | | Commission f ...

Exhibit 99.1 PRESS RELEASE INNOSPEC REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS Performance Chemicals and Fuel Specialties operating income up double digits with margin expansion As expected, Oilfield Services results remain impacted by lower production chemical activity $73.5 million cash generated from operations; Net cash improves to $303.8 million GAAP EPS $1.33 and adjusted non-GAAP EPS $1.35 Dividend for full year increased by 10 percent Englewood, CO – November 5, 2024 – Innospec Inc. (NASDAQ: IOSP) ...

Innospec (IOSP) came out with quarterly earnings of $1.35 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this specialty chemicals company would post earnings of $1.37 per share when it actually produced earnings of $1.39, delivering a surprise of 1.46%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Innospec, which b ...

Performance Chemicals and Fuel Specialties operating income up double digits with margin expansion As expected, Oilfield Services results remain impacted by lower production chemical activity $73.5 million cash generated from operations; Net cash improves to $303.8 million GAAP EPS $1.33 and adjusted non-GAAP EPS $1.35 Dividend for full year increased by 10 percent ENGLEWOOD, Colo., Nov. 05, 2024 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the third quarter end ...

The market expects Innospec (IOSP) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...