Innospec(IOSP)

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Innospec(IOSP) - 2024 Q3 - Quarterly Results
2024-11-06 11:16
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) ...
Earnings Preview: Innospec (IOSP) Q3 Earnings Expected to Decline
ZACKS· 2024-10-29 15:06
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 ...
Innospec Schedules Third Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-10-07 20:45
ENGLEWOOD, Colo., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Innospec Inc. (NASDAQ: IOSP) today announced that it will release third quarter 2024 earnings results on Tuesday, November 5, 2024 after market close. Following the release of its results, Patrick S. Williams, President and Chief Executive Officer, and Ian Cleminson, Executive Vice President and Chief Financial Officer, will host an interactive conference call on Wednesday, November 6, 2024, at 10:00 a.m. ET. The public is invited to listen to the conferen ...
Innospec Publishes 2023 Sustainability Report
GlobeNewswire News Room· 2024-08-28 18:00
ENGLEWOOD, Colo., Aug. 28, 2024 (GLOBE NEWSWIRE) -- Innospec (NASDAQ: IOSP) today announced the publication of its 2023 Sustainability Report. This marks the significant milestone of 25 years of reporting on the company's progress and ongoing commitment to sustainable business practices. Key highlights for 2023 include: Acquisition of QGP Química Geral S.A (QGP), a specialty chemicals company in Brazil, providing a manufacturing, customer service and product development base in South America. A 48% decrease ...
Innospec's (IOSP) Q2 Earnings Surpass Estimates, Sales Miss
ZACKS· 2024-08-12 13:26
Innospec Inc. (IOSP) recorded a profit of $31.2 million or $1.24 per share in second-quarter 2024, up from a profit of $28.9 million or $1.16 per share in the year-ago quarter. Barring one-time items, earnings came in at $1.39 per share, up from $1.28 per share a year ago. It topped the Zacks Consensus Estimate of $1.37. The company's revenues fell roughly 9% year over year to $435 million in the quarter. It missed the Zacks Consensus Estimate of $479.2 million. IOSP saw continued strong results in its Perf ...
Innospec (IOSP) Q2 Earnings Top Estimates
ZACKS· 2024-08-06 23:00
Innospec (IOSP) came out with quarterly earnings of $1.39 per share, beating the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 1.46%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $1.64 per share when it actually produced earnings of $1.75, delivering a surprise of 6.71%. Over the last four quarters, ...
Innospec Reports Second Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-08-06 20:45
Performance Chemicals operating income more than doubles on personal care growth Income before income taxes Income before income taxes Net income Diluted EPS Net income Diluted EPS (in millions, except share and per share data) Reported GAAP amounts $ 43.7 $ 31.2 $ 1.24 $ 36.6 $ 28.9 $ 1.16 Amortization of acquired intangible assets 3.2 2.4 0.10 2.6 2.0 0.08 Legacy costs of closed operations 0.8 0.6 0.02 0.9 0.7 0.03 Adjustment to fair value of contingent consideration 0.6 0.4 0.02 - - - Adjustment of incom ...
Innospec (IOSP) Stock Jumps 3.8%: Will It Continue to Soar?
ZACKS· 2024-07-17 11:00
IOSP's rally appears to be driven by the optimism over the strong momentum in its Performance Chemicals segment, which is benefiting from strong volume growth. The company is also benefiting from the acquisition of QGP Quimica Geral in Brazil, which has expanded its global footprint and manufacturing capabilities and enhanced customer service in South America. The acquisition aligns with IOSP's M&A strategy, bolstering the Performance Chemicals segment and establishing a manufacturing base in South America. ...
Innospec (IOSP) Up 19% in a Year: What's Driving the Stock?
ZACKS· 2024-07-11 14:46
Image Source: Zacks Investment Research Innospec Inc.'s (IOSP) shares have gained 18.9% in the past year. The company also outperformed the industry's fall of 13.5%. Let's take a look at the factors driving the stock's price appreciation. Strategic Expansion and QGP Acquisition Fuel Optimism Innospec, carrying a Zacks Rank #3 (Hold), is capitalizing on its robust Performance Chemicals segment and strategic growth initiatives. The company is dedicated to advancing technology development and enhancing margins ...
Innospec Schedules Second Quarter 2024 Earnings Release and Conference Call
GlobeNewswire News Room· 2024-07-02 20:45
The public is invited to listen to the conference call by registering in advance using the below Online Registration Link. Upon registering, each participant will receive an email confirmation with dial-in numbers and a unique Personal PIN which can be used to join the conference 5-10 minutes prior to the start time. An audio webcast of the conference call will run simultaneously on the company's website at www.innospec.com. The relevant link as well as the slide presentation for the conference call will be ...