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Investing.com - Innospec reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Innospec announced earnings per share of $1.74 on revenue of $513M. Analysts polled by Investing.com EPS of $1.42 on revenue of $464.65M.
Innospec 's are down 16% and is trading at $101.82 , still down 4.73% from its 52 week high of $106.87 set on Tuesday, May 17, 2022.
Innospec follows other major Materials sector earnings this month
Innospec's report follows an earnings missed by Air Liquide ADR on Tuesday, October 25, 2022, who reported EPS of $0.5852 on revenue of $8.21B, EPS of $0.6056 on revenue of $7.25B.
Vale ADR had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $0.98 on revenue of $9.93B, for EPS of $0.6671 on revenue of $10.74B.
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