Benzinga | Oct 27, 2021 05:45PM EDT

Ingevity Q3 EPS $1.62 Beats $1.50 Estimate, Sales $376.80M Beat $348.71M Estimate; Reaffirms FY21 Sales Guidance $1.32B-$1.36B, Adj. EBITDA $405M-$420M

Ingevity (NYSE:NGVT) reported quarterly earnings of $1.62 per share which beat the analyst consensus estimate of $1.50 by 8 percent. This is a 9.5 percent decrease over earnings of $1.79 per share from the same period last year. The company reported quarterly sales of $376.80 million which beat the analyst consensus estimate of $348.71 million by 8.06 percent. This is a 13.60 percent increase over sales of $331.70 million the same period last year.