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 ...

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 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) 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, ...

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 ...

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. ...

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 ...

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 ...

Online Registration Link: https://register.vevent.com/register/BI8dc2504c340340558385a9bb4360b6e0 Innospec Inc. is an international specialty chemicals company with approximately 2,400 employees in 22 countries. Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The Performance Chemicals business creates innovative technology-based solutions for our customers in the Personal Care, Home Care, Agrochemical, Minin ...

Independent platform for rating sustainability To learn more about Innospec's approach to sustainability, please read our latest report by visiting https://innospecsustainability.com/latest-environment-social-governance-report/. Innospec Inc. is an international specialty chemicals company with approximately 2,400 employees in 22 countries. Innospec manufactures and supplies a wide range of specialty chemicals to markets in the Americas, Europe, the Middle East, Africa and Asia-Pacific. The Performance Chem ...