Ingevity reports Q4 adjusted EPS 95c, consensus 31c

Reports Q4 revenue $298.8M, consensus $297.4M. “Ingevity’s (NGVT) management team and Board have taken aggressive actions to improve performance and our stronger than expected results are evidence of our solid execution,” said Luis Fernandez-Moreno, interim president and CEO. “We remain focused on our key priorities which are execution excellence, reducing leverage, and portfolio optimization to accelerate the delivery of shareholder value.”