Ingevity (NGVT) Q2 Earnings and Revenues Lag Estimates

分组1 - Ingevity reported quarterly earnings of $1.01 per share, missing the Zacks Consensus Estimate of $1.05 per share, and down from $1.41 per share a year ago, representing an earnings surprise of -3.81% [1] - The company posted revenues of $390.6 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 5.99%, and down from $481.8 million year-over-year [2] - Ingevity shares have lost about 2.4% since the beginning of the year, while the S&P 500 has gained 14% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $1.26 on revenues of $406.9 million, and for the current fiscal year, it is $3.47 on revenues of $1.5 billion [7] - The Zacks Industry Rank for Chemical - Specialty is currently in the top 30% of over 250 Zacks industries, indicating a favorable outlook for the industry [8]