Innospec Reports Third Quarter 2018 Financial Results

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Go back to Innospec Reports Third Quarter 2018 Financial Results

Innospec (IOSP) Tops Q3 EPS by 14c, Revenues Beat

November 6, 2018 4:53 PM EST

Innospec (NASDAQ: IOSP) reported Q3 EPS of $1.20, $0.14 better than the analyst estimate of $1.06. Revenue for the quarter came in at $363.1 million versus the consensus estimate of $362.5 million.

Commenting on the third quarter results, Patrick S. Williams, President and Chief Executive Officer, said,

This has been an excellent quarter for Innospec. The results are entirely in line with the direction we indicated last quarter, indicating that our strategy is a strong foundation for continued success. All of our core businesses showed sales and margin improvements which combined with careful cost control has driven outstanding... More