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Valvoline VVV reported its Q2 earnings results on Wednesday, May 10, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Valvoline missed estimated earnings by 17.86%, reporting an EPS of $0.23 versus an estimate of $0.28.
Revenue was down $541.50 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.06 which was followed by a 0.97% drop in the share price the next day.
Here’s a look at Valvoline’s past performance:
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.51 | 0.56 | 0.50 |
| EPS Actual | 0.16 | 0.59 | 0.58 | 0.48 |
| Revenue Estimate | 335.75M | 783.23M | 935.20M | 884.32M |
| Revenue Actual | 332.80M | 335.40M | 957.00M | 886.00M |
| Quarter | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.51 | 0.56 | 0.50 |
| EPS Actual | 0.16 | 0.59 | 0.58 | 0.48 |
| Revenue Estimate | 335.75M | 783.23M | 935.20M | 884.32M |
| Revenue Actual | 332.80M | 335.40M | 957.00M | 886.00M |
To track all earnings releases for Valvoline visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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