Valvoline (VVV) Tops Q4 EPS by 10c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
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Valvoline Reports Strong Fourth-Quarter and Fiscal Year 2020 Results; Provides Fiscal 2021 Outlook
October 28, 2020 5:00 PM EDTLEXINGTON, Ky., Oct. 28, 2020 /PRNewswire/ --
Fourth-quarter summary
Reported net income of $122 million increased $95 million and earnings per diluted share (EPS) of $0.66 increased $0.52 Adjusted diluted EPS grew 15% to $0.46 Adjusted EBITDA of $150 million, up 16% Sales grew 4% to $652 million, while lubricant volume declined slightly to 46.2 million... More