Recap: Ingevity Q4 Earnings - Ingevity (NYSE:NGVT)

Ingevity NGVT reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:15 PM.

Here's what investors need to know about the announcement.

Ingevity beat estimated earnings by 210.53%, reporting an EPS of $0.21 versus an estimate of $-0.19.

Revenue was down $11.90 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 7.75% increase in the share price the next day.

Here's a look at Ingevity's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.21	1.37	1.13	0.87
EPS Actual	1.21	1.41	1.09	0.57
Revenue Estimate	464.28M	486.43M	411.22M	392.90M
Revenue Actual	446.00M	481.80M	392.60M	383.60M

To track all earnings releases for Ingevity visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.