Innophos Holdings (IPHS) Declares $0.48 Quarterly Dividend; 5.3% Yield

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Innophos Holdings (IPHS) Reports Q3 EPS of 28c

November 3, 2015 5:58 PM EST

Innophos Holdings (NASDAQ: IPHS) reported Q3 EPS of $0.28, may not compare the analyst estimate of $0.75. Revenue for the quarter came in at $199.9 million versus the consensus estimate of $213.2 million.

Recent Trends and Outlook

Total Company financial performance in the third quarter 2015, excluding restructuring charges, was consistent with each of the first two quarters of the year, recording the third straight quarter of $21 million in operating income. Improvements in US Specialty Phosphates selling prices and GTSP profitability were offset by lower operating income in Mexico Specialty Phosphates caused by lower selling prices as a result of... More