May. 14 at 12:48 PM
$IOSP earnings drop — is this a sign of deeper issues? 🚨
💰 Q1 profit down to
$32.8M (
$1.31/share), undercut by weaker Oilfield Services
📉 Revenues fell 12% YoY to
$440.8M, missing estimates
🚀 Strong margins in Fuel Specialties, but Performance Chemicals lagged behind
💸 Semi-annual dividend up 10% +
$50M buyback shows confidence!
Full analysis here 👉 https://www.zacks.com/commentary/2470334/innospecs-earnings-surpass-estimates-in-q1-revenues-miss?cid=sm-stocktwits-2-2470334-body&ADID=SYND_STOCKTWITS_TWEET_2_2470334_BODY