AdvanSix: Q1 Earnings Insights

AdvanSix ASIX reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

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

Earnings

AdvanSix beat estimated earnings by 30.0%, reporting an EPS of $1.3 versus an estimate of $1.0.

Revenue was down $78.53 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.25 which was followed by a 0.81% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.52 0.30 2.37 1.71
EPS Actual 1.27 0.43 2.30 2.26
Revenue Estimate 472.63M 478.47M 557.50M 481.77M
Revenue Actual 404.06M 478.77M 583.74M 479.07M

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

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

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