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Ingevity's Earnings Beat Estimates in Q3, Revenues Down Y/Y
NGVTIngevity(NGVT) ZACKS·2024-10-30 12:15

Ingevity Corporation (NGVT) recorded a third-quarter 2024 loss of 107.2millionor107.2 million or 2.95 per share. This compares unfavorably with a profit of 25.2millionor69centsintheyear−agoquarter.Excludingone−timeitems,adjustedearningsinthequarterwere25.2 million or 69 cents in the year-ago quarter. Excluding one-time items, adjusted earnings in the quarter were 1.10 per share, down from 1.21.ThefiguresurpassedtheZacksConsensusEstimateof60cents.FindthelatestEPSestimatesandsurprisesonZacksEarningsCalendar.Revenuesfell15.51.21. The figure surpassed the Zacks Consensus Estimate of 60 cents. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues fell 15.5% year over year to 376.9 million in the quarter. The downside is ...