Ecovyst Inc (ECVT, Financial) is set to release its Q3 2024 earnings on Oct 31, 2024. The consensus estimate for Q3 2024 revenue is $185.99 million, and the earnings are expected to come in at $0.17 per share. The full year 2024's revenue is expected to be $718.77 million and the earnings are expected to be $0.67 per share. More detailed estimate data can be found on the Forecast page.
Ecovyst Inc (ECVT, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Ecovyst Inc (ECVT) for the full year 2024 have declined from $760.31 million to $718.77 million and for 2025 from $816.77 million to $749.36 million. Similarly, earnings estimates have been revised downwards from $0.79 per share to $0.67 per share for 2024, and from $1.05 per share to $0.74 per share for 2025.
Ecovyst Inc (ECVT, Financial) Reported History
In the previous quarter of 2024-06-30, Ecovyst Inc's (ECVT) actual revenue was $182.8 million, which missed analysts' revenue expectations of $189.788 million by -3.68%. Ecovyst Inc's (ECVT) actual earnings were $0.07 per share, which missed analysts' earnings expectations of $0.105 per share by -33.33%. After releasing the results, Ecovyst Inc (ECVT) was down by -16.56% in one day.
Ecovyst Inc (ECVT, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 7 analysts, the average target price for Ecovyst Inc (ECVT) is $10 with a high estimate of $12 and a low estimate of $8. The average target implies an upside of 59.24% from the current price of $6.28.
Based on GuruFocus estimates, the estimated GF Value for Ecovyst Inc (ECVT, Financial) in one year is $11.15, suggesting an upside of 77.55% from the current price of $6.28.
Based on the consensus recommendation from 7 brokerage firms, Ecovyst Inc's (ECVT, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
