earnings
confidence high
sentiment positive
materiality 0.80
AdvanSix Q2 sales up 33% to $584M; EPS $2.23; dividend raised 16% to $0.145
AdvanSix Inc.
2022-Q2 EPS reported
$4.37
revenue$1,062,809,000
- Net income $65.2M ($2.23 diluted EPS); adjusted EPS $2.30, up 40% YoY.
- Adjusted EBITDA $105.4M, +$25.7M YoY; cash flow from operations $95.9M, +85%.
- Sales volume -4% YoY due to weather and lower production; pricing +26% market-based.
- Quarterly dividend increased 16% to $0.145 per share; payable Aug 30, record Aug 16.
- Repurchased 87,251 shares for ~$3M; targeting strong earnings growth in 2022.