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Innospec Q3 Adjusted Earnings, Net Sales Decline
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Innospec Q3 Adjusted Earnings, Net Sales Decline
Nov 5, 2024 2:53 PM

05:09 PM EST, 11/05/2024 (MT Newswires) -- Innospec ( IOSP ) reported Q3 adjusted earnings late Tuesday of $1.35 per diluted share, down from $1.59 a year earlier.

Three analysts polled by Capital IQ expected $1.35.

Net sales in the quarter ended Sept. 30 fell to $443.4 million from $464.1 million a year earlier.

Three analysts surveyed by Capital IQ expected $442.1 million.

Innospec ( IOSP ) increased its semi-annual dividend to $0.79. The dividend is payable on Nov. 26 to shareholders of record on Nov. 18.

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