earnings
confidence high
sentiment positive
materiality 0.75
Ingevity Q2 adjusted EPS $1.74 vs $1.22 YoY; raises FY EBITDA outlook to $380-400M
Ingevity Corp
- Net sales $314.1M, down 5% YoY; excluding Road Markings, sales up 5%.
- Adjusted diluted EPS from continuing ops $1.74 vs $1.22 prior year.
- Adjusted EBITDA from continuing ops $115.0M, up $14.0M; margin 36.6% vs 30.5%.
- Completed sale of Road Markings product line on Apr 15, 2026 for ~$63M net proceeds.
- Raises full-year Adjusted EBITDA guidance to $380-400M from prior range.