Investing.com - Valvoline reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Valvoline announced earnings per share of $0.59 on revenue of $335.4M. Analysts polled by Investing.com EPS of $0.56 on revenue of $968.8M.
Valvoline 's are down 79% and is trading at $33.98 , still down 10.50% from its 52 week high of $37.97 set on Tuesday, January 4, 2022.
Valvoline shares gained 5.66% to trade at $33.98 in intra-day trade the report.
Valvoline follows other major Materials sector earnings this month
Valvoline'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 $0.5954 on revenue of $7.46B.
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 $0.5594 on revenue of $10.15B.
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