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Here's What Key Metrics Tell Us About AdvanSix (ASIX) Q4 Earnings
ASIXAdvanSix(ASIX) Zacks Investment Research·2024-02-16 21:31

Core Insights - AdvanSix reported revenue of 382.21millionforQ42023,ayearoveryeardeclineof5.4382.21 million for Q4 2023, a year-over-year decline of 5.4% and an EPS of -0.10 compared to 1.27ayearago[1]TherevenueexceededtheZacksConsensusEstimateof1.27 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of 335.8 million by 13.82%, and the EPS also surpassed the consensus estimate of -0.12by16.670.12 by 16.67% [1] Performance Metrics - Sales of Nylon reached 78.25 million, exceeding the average estimate of 74.69millionfromthreeanalysts[2]SalesofAmmoniumSulfatewere74.69 million from three analysts [2] - Sales of Ammonium Sulfate were 108.69 million, slightly above the estimated 108.15million[2]SalesofChemicalIntermediatesamountedto108.15 million [2] - Sales of Chemical Intermediates amounted to 112.76 million, significantly higher than the average estimate of 83.67million[2]SalesofCaprolactamwere83.67 million [2] - Sales of Caprolactam were 82.51 million, compared to the average estimate of $65.35 million [2] Stock Performance - AdvanSix shares returned +8.9% over the past month, outperforming the Zacks S&P 500 composite's +5.3% change [2] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating potential underperformance relative to the broader market in the near term [2]