Why Is Ingevity (NGVT) Down 8.3% Since Last Earnings Report?

Core Insights - Ingevity's shares have declined approximately 8.3% since the last earnings report, underperforming the S&P 500 [1] - There is uncertainty regarding whether this negative trend will continue or if the company is poised for a breakout before the next earnings release [1] Earnings Report Summary - The last earnings report for Ingevity was about a month ago, and it is essential to analyze this report to understand the key catalysts affecting the company's performance [1] - No earnings estimate revisions have been made by analysts in the past two months, indicating a period of quiet regarding future earnings expectations [2]