NYSE$ECVT

Ecovyst Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

PQ Group reported Q4 2019 results with sales declining 7.3% and net income of $19.1 million.

PQ Group Holdings Inc. reported a decrease in sales by 7.3% compared to Q4 2018. Net income for the quarter was $19.1 million, with a diluted EPS of $0.14. The company's Adjusted EBITDA was $103.1 million.

  • Sales for the fourth quarter were $352.4 million, a 7.3% decrease from Q4 2018.
  • Net income was $19.1 million, with diluted EPS of $0.14.
  • Adjusted net income was $18.0 million, with Adjusted diluted EPS of $0.13.
  • Adjusted EBITDA was $103.1 million.

Headline financials

Total Revenue

$352M

Previous: $380M-7.3%
EPS (adj)

$0.13

Previous: $0.17-23.5%
Capital Expenditures

$36M

Previous: $36.4M-1.0%
Free Cash Flow

$49.9M

Previous: $46.3M+7.8%
Net Income

$19.1M

Previous: $28.2M-32.3%
Operating Income

$30.5M

Previous: $57.5M-46.9%
Gross Profit

$81.2M

Previous: $87.6M-7.3%
Cash & Equivalents

$72.3M

Previous: $27.4M+163.9%
Total Assets

$4.32B

Previous: $4.33B-0.1%
Stock-Based Comp

$4.65M

Previous: $7.59M-38.7%

Revenue & EPS history

Ecovyst · Revenue · Quarterly

$352M

Q4 2019-7.3%vs Q4 2018
Beat estimate in 12 of 13 quarters(92%)
ActualEstimate

Revenue by segment

Ecovyst · $148M total across 1 segment · Q3 2023

  • Ecoservices
    $148M-24.6%

Forward guidance

The outlook for 2020 is impacted by the limited recovery in demand for Performance Chemicals products in the first part of the year. While three of our business units are set for healthy growth, the Catalysts business is projected to decline following an excellent year in 2019.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

-1.5%

Avg return

Earnings day

-1.9%

Avg return

5 days after

+0.2%

Avg return

30 days after

49%

20 / 41 earnings

Positive

+19.6%

Q3 2024

Best reaction

-29.9%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.3%+0.1%-8.5%
Q4 2025+1.1%+1.3%+13.4%
Q3 2025-1.3%-5.5%+10.8%
Q1 2025+3.5%+13.0%+24.6%
Q4 2024-14.4%-18.6%-22.2%
Q3 2024+19.6%+22.1%+24.8%
Q2 2024-29.9%-34.8%-24.7%
Q1 2024+3.0%+2.6%-2.2%
Q4 2023-1.3%-7.6%+14.0%
Q3 2023+4.4%+2.0%+9.0%
Q2 2023-17.2%-18.3%-14.4%
Q1 2023-7.1%-10.3%-8.5%
Q4 2022-1.4%+6.6%+4.8%
Q3 2022-5.3%-2.8%-7.4%
Q2 2022+5.2%+4.5%-4.6%
Q1 2022-10.2%-13.2%-7.5%
Q4 2021+9.4%+10.3%+19.8%
Q1 2016-16.5%-24.4%-24.2%
Q3 2021+3.6%+5.1%-22.1%
Q2 2021+0.8%+7.0%-15.7%
Q1 2021+1.9%+5.3%+9.5%
Q4 2020+0.3%+0.3%-6.4%
Q3 2020-3.4%-5.3%+9.2%
Q2 2020-8.2%-8.9%-11.2%
Q1 2020-1.1%+4.5%+19.7%
Q4 2019+0.5%-9.2%-37.9%
Q3 2019-0.2%-0.2%-3.3%
Q2 2019+7.5%+10.3%+9.2%
Q1 2019-0.1%-2.0%-1.0%
Q4 2018-2.2%-2.5%-9.4%
Q3 2018+1.9%-4.8%-6.4%
Q2 2017-3.0%-1.9%-2.2%
Q2 2018+0.2%-0.1%-0.8%
Q1 2017-0.1%+3.8%+27.6%
Q1 2018-2.6%-1.0%+25.3%
Q2 2016-4.3%-3.8%+3.2%
Q4 2015-4.3%-3.8%+3.2%
Q4 2017+3.5%+4.1%+8.7%
Q3 2016+0.7%-0.3%+4.4%
Q4 2016+0.7%-0.3%+4.4%
Q3 2017+1.3%-0.6%+3.3%

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