Ingevity (NYSE:NGVT) reported its Q3 earnings results on Wednesday, October 27, 2021 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Ingevity beat their estimated earnings by 8.0%, reporting an EPS of $1.62 versus an estimate of $1.5, which did not surprise analysts.
Revenue was up $45,100,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23, which was followed by a 4.85% increase in the share price the next day.
Here’s a look at Ingevity’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.32 | 1.03 | 0.77 | 1.01 |
| EPS Actual | 1.55 | 1.27 | 1.33 | 1.79 |
| Revenue Estimate | 337.64M | 291.82M | 283.26M | 316.61M |
| Revenue Actual | 358.40M | 320.30M | 325.60M | 331.70M |
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