German construction sector still in recession, civil engineering only bright spot
Investing.com - Ingevity (NYSE: NGVT) reported first quarter EPS of $1.09, $0.05 worse than the analyst estimate of $1.14. Revenue for the quarter came in at $392.6M versus the consensus estimate of $413.72M.
Guidance
Ingevity sees FY 2023 revenue of $1.75B-$1.95B versus the analyst consensus of $1.92B.
Ingevity's stock price closed at $70.44. It is down -18.97% in the last 3 months and up 12.01% in the last 12 months.
Ingevity saw 0 positive EPS revisions and 3 negative EPS revisions in the last 90 days. See Ingevity's stock price’s past reactions to earnings here.
According to InvestingPro, Ingevity's Financial Health score is "good performance".
Check out Ingevity's recent earnings performance, and Ingevity's financials here.
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