financetom
Business
financetom
/
Business
/
Ingevity Q1 Adjusted Earnings Increase, Revenue Declines; Adjusts Full-Year Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ingevity Q1 Adjusted Earnings Increase, Revenue Declines; Adjusts Full-Year Guidance
May 26, 2025 1:45 AM

04:35 AM EDT, 05/06/2025 (MT Newswires) -- Ingevity ( NGVT ) reported Q1 adjusted earnings late Monday of $0.99 per diluted share, up from $0.47 a year earlier.

Four analysts polled by FactSet expected $0.74.

Revenue for the quarter ended March 31 was $284 million, down from $340.1 million a year earlier.

Three analysts surveyed by FactSet expected $285.5 million.

Widening the bottom end of its guidance, the company now expects full-year 2025 sales of between $1.25 billion and $1.40 billion, compared with the $1.30 billion to $1.40 billion range set out in February. Analysts polled by FactSet expect $1.36 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Microsoft clinches deal to settle CISPE antitrust complaint
Exclusive-Microsoft clinches deal to settle CISPE antitrust complaint
Jul 10, 2024
BRUSSELS (Reuters) - Microsoft ( MSFT ) has clinched a deal to settle CISPE's antitrust complaint about its cloud computing licensing practices, the U.S. tech giant and the trade group said on Wednesday. Microsoft ( MSFT ) will develop a product allowing CISPE's members to run Microsoft ( MSFT ) software on their platforms on the U.S. tech giant's Azure...
Walmart to speed up distribution of perishable items through five new warehouses
Walmart to speed up distribution of perishable items through five new warehouses
Jul 10, 2024
(Reuters) - Walmart ( WMT ) on Wednesday said it will build five new warehouses with a high tech spin in the United States aiming to bolster and speed up the distribution of perishable products to its 4,600 stores. The distrubition centers (DC) equipped with automation technology will handle temperature-sensitive products like milk, meat and vegetables and fruits that can...
CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
CNN to cut 100 jobs in major overhaul to focus on digital, memo shows
Jul 10, 2024
(Reuters) - News outlet CNN will cut about 100 jobs as part of a plan to consolidate news operations and bolster its digital business, according to an internal memo seen by Reuters on Wednesday. CNN will merge its news-gathering and digital news teams, invest in video operations and launch pay-per-view news products, CNN Worldwide CEO Mark Thompson told staff in...
Walmart Chile workers' union launches strike after talks fail
Walmart Chile workers' union launches strike after talks fail
Jul 10, 2024
SANTIAGO (Reuters) - Walmart Chile's workers union launched a strike on Wednesday, days after negotiations for a new collective bargaining agreement failed, the union said in a statement. The National Federation of Walmart Workers had last week warned of the strike action, saying the local branch of retail giant Walmart ( WMT ) had not been negotiating since the start...
Copyright 2023-2026 - www.financetom.com All Rights Reserved