Ecovyst Q2 sales miss estimates, adjusted EPS beats
Overview
Ecovyst Q2 sales miss analyst expectations, per LSEG data
Adjusted EPS and net income beat analysts' estimates, per LSEG data
Co completed acquisition of Cornerstone Chemical's sulfuric acid assets, repurchased $21.9 mln stock
Outlook
Ecovyst sees full-year 2025 sales of $795 mln to $835 mln
Company expects full-year 2025 Adjusted EBITDA of $242 mln to $254 mln
Ecovyst anticipates higher Ecoservices sales volumes in H2 2025
Company cautious about global polyethylene demand due to tariffs
Result Drivers
ECOSERVICES SALES - Sales increased due to higher sulfur costs and favorable pricing for regeneration services, offset by lower sales volume due to customer downtime
ADVANCED MATERIALS SALES - Sales decreased due to timing of niche custom catalyst sales, despite positive momentum in sustainable fuel catalysts
WAGGAMAN ACQUISITION - Acquisition expected to contribute positively to sales, but offset by integration and upgrade costs
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Sales | Miss | $200.10 mln | $202.80 mln (6 Analysts) |
Q2 Adjusted EPS | Beat | $0.12 | $0.1 (6 Analysts) |
Q2 Adjusted Net Income | Beat | $13.70 mln | $12.30 mln (5 Analysts) |
Q2 Net Income | $6 mln | ||
Q2 Adjusted EBITDA | Beat | $55.70 mln | $52.90 mln (6 Analysts) |
Q2 Gross Profit | $49.70 mln | ||
Q2 Operating Income | $17.80 mln | ||
Q2 Pretax Profit | $8 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the diversified chemicals peer group is "buy"
Wall Street's median 12-month price target for Ecovyst Inc is $10.00, about 16.1% above its August 6 closing price of $8.39
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago
Press Release:
