Innospec reports Q2 adjusted EPS $1.39, consensus $1.37

Reports Q2 revenue $435M, consensus $480.4M. Commenting on the second quarter results, Patrick S. Williams, President and Chief Executive Officer, said, “This was a mixed quarter for Innospec as Fuel Specialties and Performance Chemicals continued to deliver strong results while Oilfield Services declined as expected on significant production chemical headwinds. Nevertheless, overall operating income grew 19 percent and operating margins improved.”