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AdvanSix (ASIX) Reports Q3 Earnings: What Key Metrics Have to Say
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For the quarter ended September 2024, AdvanSix (ASIX - Free Report) reported revenue of $398.19 million, up 23.3% over the same period last year. EPS came in at $0.88, compared to -$0.36 in the year-ago quarter.
The reported revenue represents a surprise of +11.33% over the Zacks Consensus Estimate of $357.65 million. With the consensus EPS estimate being $0.66, the EPS surprise was +33.33%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how AdvanSix performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales- Nylon: $93.69 million compared to the $97.51 million average estimate based on two analysts. The reported number represents a change of +8.9% year over year.
Sales- Ammonium Sulfate: $107.67 million versus $87.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +27.3% change.
Sales- Chemical Intermediates: $120.49 million versus $103.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +44.4% change.
Sales- Caprolactam: $76.34 million versus the two-analyst average estimate of $79 million. The reported number represents a year-over-year change of +11%.
Shares of AdvanSix have returned -9% over the past month versus the Zacks S&P 500 composite's -1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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AdvanSix (ASIX) Reports Q3 Earnings: What Key Metrics Have to Say
For the quarter ended September 2024, AdvanSix (ASIX - Free Report) reported revenue of $398.19 million, up 23.3% over the same period last year. EPS came in at $0.88, compared to -$0.36 in the year-ago quarter.
The reported revenue represents a surprise of +11.33% over the Zacks Consensus Estimate of $357.65 million. With the consensus EPS estimate being $0.66, the EPS surprise was +33.33%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how AdvanSix performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales- Nylon: $93.69 million compared to the $97.51 million average estimate based on two analysts. The reported number represents a change of +8.9% year over year.
- Sales- Ammonium Sulfate: $107.67 million versus $87.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +27.3% change.
- Sales- Chemical Intermediates: $120.49 million versus $103.75 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +44.4% change.
- Sales- Caprolactam: $76.34 million versus the two-analyst average estimate of $79 million. The reported number represents a year-over-year change of +11%.
View all Key Company Metrics for AdvanSix here>>>Shares of AdvanSix have returned -9% over the past month versus the Zacks S&P 500 composite's -1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.