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0 0 0 0.00158541418945702 -0.000158541418945668 0.000554894966309894 -0.000871977804201343 -0.00634165675782796
Stock impact report

Innospec (IOSP) Shares Rally 25% in 6 Months: What's Driving It? [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 22.6% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors behind the stock's price appreciation. What's Driving Innospec? Innospec, currently carrying Zacks rank #2 (Buy), is reaping significant rewards from its robust Oilfield Services division and strategic expansion efforts. The company is dedicated to advancing technology and bolstering margins to foster organic growth across its diverse business spectrum. In the fourth quarter, Innospec saw its adjusted earnings per share jump to $1.84 from $1.20 per share a year earlier, surpassing the Zacks Consensus Estimate of $1.59. Despite a 3% drop in revenues to $494.7 million from the previous year's levels, the company exceeded the Zacks Consensus Estimate of $474 million. The Oilfield Services unit sustained strong performance, while the Performance Chemicals and Fuel Specialties segments saw double-digit growth in operating income and mar Show less Read more
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