Ecovyst Q3 2023 Adj EPS $0.19 Misses $0.21 Estimate, Sales $173.30M Miss $183.76M Estimate
Portfolio Pulse from vinayak@benzinga.com
Ecovyst's Q3 2023 earnings per share of $0.19 missed the analyst consensus estimate of $0.21 by 9.52%. The company's quarterly sales of $173.30 million also fell short of the analyst consensus estimate of $183.76 million by 5.69%. Both earnings and sales have decreased compared to the same period last year.
November 02, 2023 | 11:55 am
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Ecovyst's Q3 2023 earnings and sales missed analyst estimates, indicating a potential negative impact on the company's stock.
Ecovyst's earnings and sales for Q3 2023 have both missed analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100