(Corrects typographical error in third bullet of overview)
Overview
* Ecovyst ( ECVT ) Q2 sales miss analyst expectations, per LSEG data
* Adjusted EPS and net income beat analysts' estimates, per LSEG data
* Co completed acquisition of Cornerstone Chemical's sulfuric acid assets, repurchased $21.9 mln stock
Outlook
* Ecovyst ( ECVT ) sees full-year 2025 sales of $795 mln to $835 mln
* Company expects full-year 2025 Adjusted EBITDA of $242 mln to $254 mln
* Ecovyst anticipates higher Ecoservices sales volumes in H2 2025
* Company cautious about global polyethylene demand due to tariffs
Result Drivers
* ECOSERVICES SALES - Sales increased due to higher sulfur costs and favorable pricing for regeneration services, offset by lower sales volume due to customer downtime
* ADVANCED MATERIALS SALES - Sales decreased due to timing of niche custom catalyst sales, despite positive momentum in sustainable fuel catalysts
* WAGGAMAN ACQUISITION - Acquisition expected to contribute positively to sales, but offset by integration and upgrade costs
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 Sales Miss $200.10 $202.80
mln mln (6
Analysts
)
Q2 Beat $0.12 $0.1 (6
Adjusted Analysts
EPS )
Q2 Beat $13.70 $12.30
Adjusted mln mln (5
Net Analysts
Income )
Q2 Net $6 mln
Income
Q2 Beat $55.70 $52.90
Adjusted mln mln (6
EBITDA Analysts
)
Q2 Gross $49.70
Profit mln
Q2 $17.80
Operatin mln
g Income
Q2 $8 mln
Pretax
Profit
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the diversified chemicals peer group is "buy"
* Wall Street's median 12-month price target for Ecovyst Inc ( ECVT ) is $10.00, about 16.1% above its August 6 closing price of $8.39
* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)