Innospec's (IOSP) Q1 Earnings Surpass Estimates, Sales Lag

Innospec Inc. (IOSP) recorded a profit of $41.4 million or$1.65 per share in first-quarter 2024, up from a profit of $33.2 million or$1.33 per share in the year-ago quarter. Barring one-time items, earnings came in at $1.75 per share, up from$1.38 per share a year ago. It topped the Zacks Consensus Estimate of $1.64. The company's revenues fell roughly 2$500.2 million in the quarter. It missed the Zacks Consensus Estimate of $508 million. The company saw continued strong results in it ...