Innospec Reports Fourth Quarter and Full Year 2018 Financial Results
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Innospec (IOSP) Tops Q4 EPS by 25c, Revenues Beat
February 19, 2019 4:46 PM ESTInnospec (NASDAQ: IOSP) reported Q4 EPS of $1.62, $0.25 better than the analyst estimate of $1.37. Revenue for the quarter came in at $395 million versus the consensus estimate of $376.6 million.
Commenting on the fourth quarter results, Patrick S. Williams, President and Chief Executive Officer, said,
We are pleased with our overall performance for the fourth quarter and more importantly, for the full year of 2018. We continued to deliver growth in our portfolio as we managed the expected decline of our Octane Additives business.
We set a sales record of $395.0 million for the fourth quarter... More
