07:49 AM EDT, 05/08/2024 (MT Newswires) -- Valvoline ( VVV ) reported fiscal Q2 adjusted earnings Wednesday of $0.37 per diluted share, up from $0.23 a year earlier.

Analysts polled by Capital IQ expected $0.35.

Net revenue for the quarter ended March 31 was $388.7 million, up from $344.5 million a year earlier.

Analysts polled by Capital IQ expected $390.3 million.

For fiscal 2024, the company said it now expects adjusted diluted EPS to be from $1.45 to $1.65, raising the lower end from $1.40 previously. Analysts surveyed by Capital IQ expect $1.60.