Ecovyst reports Q1 EPS 1c, consensus (3c)

Reports Q1 revenue $162.2M, consensus $168.38M. “Ecovyst’s (ECVT) businesses remained resilient in the first quarter of 2025. First quarter financial results for our Advanced Materials & Catalysts segment were stronger than anticipated due to favorability in sales timing for hydrocracking and specialty catalysts. Results for our Ecoservices segment were in line with our expectations, with higher costs and lower sales volume compared to the year-ago quarter reflecting the impact of our planned turnarounds as well as the sales impact associated with customer turnaround activity during the quarter,” said Kurt Bitting, Ecovyst’s CEO. “We anticipate that in early May the significant planned turnaround activity in our Ecoservices segment will be largely behind us. We expect high refinery utilization and the seasonal increase in gasoline demand to support increased activity for our regeneration services business beginning in the second quarter, and we anticipate strong demand in mining applications to benefit sales of virgin sulfuric acid over the balance of the year.”