Ingevity (NYSE:NGVT) reported its Q1 earnings results on Wednesday, May 4, 2022 at 05:15 PM.
Here's what investors need to know about the announcement.
Earnings
Ingevity beat estimated earnings by 55.77%, reporting an EPS of $1.62 versus an estimate of $1.04.
Revenue was up $62.50 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.4% increase in the share price the next day.
Here's a look at Ingevity's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.77 | 1.50 | 1.32 | 1.03 |
| EPS Actual | 0.78 | 1.62 | 1.55 | 1.27 |
| Revenue Estimate | 289.44M | 348.71M | 337.64M | 291.82M |
| Revenue Actual | 336.00M | 376.80M | 358.40M | 320.30M |
To track all earnings releases for Ingevity visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
