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NGVT, IART and BRDG have been added to the Zacks Rank #5 (Strong Sell) List on June 29, 2023.
Ingevity (NGVT) reported earnings 30 days ago. What's next for the stock?
A slower recovery in automotive in China and continued destocking weigh on Ingevity's (NGVT) Q1 results.
Ingevity Corporation (NYSE:NGVT ) Q1 2023 Earnings Conference Call May 4, 2023 10:00 AM ET Company Participants John Nypaver - VP, IR & Treasurer John Fortson - President, CEO & Director Mary Hall - EVP & CFO Richard White - SVP & President, Performance Chemicals Steve Hulme - SVP & President, Advanced Polymer Technologies Stuart Woodcock - EVP & President, Performance Materials Conference Call Participants Vincent Anderson - Stifel, Nicolaus & Company Jonathan Tanwanteng - CJS Securities Christopher Kapsch - Loop Capital Markets Ian Zaffino - Oppenheimer Michael Sison - Wells Fargo Securities Daniel Rizzo - Jefferies Operator Good morning, or good afternoon, all, and welcome to the Ingevity First quarter 2023 Earnings Webcast. My name is Adam and I'll be your representative today.
Ashland and Ingevity both came up short of analysts' expectations regarding quarterly earnings reports. Management teams for Ashland and Ingevity both see a less auspicious 2023.
Ingevity (NGVT) came out with quarterly earnings of $1.09 per share, missing the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.62 per share a year ago.
NORTH CHARLESTON, S.C.--(BUSINESS WIRE)--Ingevity announced today that it will release its first-quarter 2023 earnings after the stock market close on Wednesday, May 3, 2023.
Ingevity (NGVT) gains on solid demand and higher selling prices in its Performance Chemicals segment, actions to drive long-term growth and price hike measures to mitigate cost inflation.
Ingevity (NGVT) gains on strength in its engineered polymers and industrial specialties businesses and actions to drive growth amid costs-related headwinds.
Ingevity (NGVT) will showcase the benefits of using Capa technology and AltaVeg FA 120 at the European Coatings Show 2023.