Innophos Holdings, Inc. Reports Second-Quarter 2019 Results

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Innophos Holdings (IPHS) Tops Q2 EPS by 6c

August 6, 2019 7:37 AM EDT

Innophos Holdings (NASDAQ: IPHS) reported Q2 EPS of $0.43, $0.06 better than the analyst estimate of $0.37. Revenue for the quarter came in at $185 million versus the consensus estimate of $196.55 million.

Full Year 2019 Outlook:

The Company is revising its previously announced 2019 revenue guidance to reflect current market conditions.

Revenues are now forecasted to be 6-7% below 2018 revenue of $802 million, compared with the prior expectation of 1-2% down.

The revised revenue range reflects the expectation... More