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0 0 0.000313332288892419 0.000313332288892419 -0.0060316465611781 -0.00814663951120157 -0.00936863543788186 -0.0129249569168102
Stock impact report

Innospec's (IOSP) Stock Rallies 14% in 3 Months: Here's Why [Yahoo! Finance]

Innospec Inc. (IOSP) 
Last innospec inc. earnings: 8/6 04:45 pm Check Earnings Report
US:NASDAQ Investor Relations: innospecinc.com/investor-relations
Company Research Source: Yahoo! Finance
It has also topped the S&P 500's nearly 11.3% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors behind the stock's price appreciation. Strategic Expansion and QGP Acquisition Fuel Optimism Innospec, currently carrying Zacks rank #2 (Buy), is experiencing significant benefits from the strength of its Oilfield Services unit and strategic growth initiatives. The company is committed to technology development and enhancing margins to fuel organic growth across its diversified business portfolio. IOSP's adjusted earnings per share were at $1.84 in the fourth quarter, up from $1.20 per share a year ago and surpassing the Zacks Consensus Estimate of $1.59. Despite a 3% decline in revenues to $494.7 million from the previous year's levels, Innospec exceeded the Zacks Consensus Estimate of $474 million. The Oilfield Services unit continued to deliver strong results, while the Performance Chemicals and Fuel Specialties segments recorde Show less Read more
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