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 anticipated EPS of $1.42 on revenue of $464.65M.
Innospec shares are down 16% from the beginning of the year and are trading at $101.82 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $0.6671 on revenue of $10.74B.
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