Anticipated $0.98 EPS for Innospec Inc. (IOSP) as of May, 8

April 16, 2018 - By Patrick Harkless

Innospec Inc. (NASDAQ:IOSP) Corporate Logo

Innospec Inc. (NASDAQ:IOSP)’s earnings report is awaited On May, 8., according to RTT. Analysts predict $0.98 EPS. That’s $0.02 down or 2.00 % from 2017’s earnings of $1. This could reach $24.30 million profit for IOSP assuming the current $0.98 EPS will become reality. Wall Street now sees -33.33 % negative EPS growth despite Innospec Inc. last quarter’s EPS of $1.47. The stock increased 2.90% or $2.05 during the last trading session, reaching $72.75.Innospec Inc. is uptrending after having risen 10.33% since April 17, 2017. IOSP has 157,557 volume or 39.76% up from normal. The stock underperformed the S&P500 by 1.22%.

Innospec Inc. (NASDAQ:IOSP) Ratings Coverage

Total analysts of 3 have positions in Innospec (NASDAQ:IOSP) as follows: 2 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 67%. Since November 9, 2017 according to StockzIntelligence Inc Innospec has 3 analyst reports. On Tuesday, November 14 the rating was upgraded by Johnson Rice to “Accumulate”. On Thursday, November 9 the stock of Innospec Inc. (NASDAQ:IOSP) earned “Overweight” rating by KeyBanc Capital Markets. The stock rating was downgraded by Monness Crespi & Hardt to “Neutral” on Thursday, November 9.

Innospec Inc. develops, manufactures, blends, markets, and supplies fuel additives, oilfield chemicals, personal care products, and other specialty chemicals to gas and oil exploration and production, oil refinery, fuel users, personal care formulation, home care, agrochemical and mining formulation, and other chemical and industrial companies worldwide.The firm is valued at $1.80 billion. It operates through four divisions: Fuel Specialties, Performance Chemicals, Oilfield Services, and Octane Additives.28.87 is the P/E ratio. The Fuel Specialties segment offers a range of specialty chemical products used as additives in various fuels.

Innospec Inc. (NASDAQ:IOSP) Institutional Investors Chart

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