earnings
confidence high
sentiment negative
materiality 0.75
AdvanSix Q3 net income falls to $10M on extended plant turnaround; dividend raised 16%
AdvanSix Inc.
2022-Q3 EPS reported
$4.74
revenue$1,541,578,000
- Sales $479M (+7% YoY); net income $10.0M vs $43.9M prior year.
- Adjusted EPS $0.43 vs $1.58; adjusted EBITDA $33.3M vs $77.7M.
- Cash from ops $58.9M; returned $17M to shareholders via dividends and buybacks.
- Increased quarterly dividend 16% to $0.145/share, payable Nov 29.
- 4Q22 expected to rebound; full-year capex ~$95M; 2023 turnaround impact $28-33M pretax.