earnings
confidence high
sentiment positive
materiality 0.85
AdvanSix reports record Q1 2022 sales $479M, EPS $2.15; adj. EPS $2.26 up 115% YoY
AdvanSix Inc.
2022-Q1 EPS reported
$2.15
revenue$479,073,000
- Net income $63.1M, diluted EPS $2.15; adjusted EPS $2.26 vs $1.05 prior year.
- Sales $479M (+27% YoY); ammonium sulfate sales $155M (32% of total) more than doubled.
- Adjusted EBITDA $103.2M, margin 21.5% (+620 bps); cash from ops $49.2M.
- Declared quarterly dividend $0.125/sh, payable May 31 to holders of record May 17.
- Repurchased 181,536 shares for ~$7M; closed U.S. Amines acquisition; sees significant 2022 earnings growth.