Valvoline (NYSE:VVV) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.37-1.48 for the period, compared to the Thomson Reuters consensus estimate of $1.45. The company issued revenue guidance of $2.49-2.53 billion, compared to the consensus revenue estimate of $2.50 billion.
Shares of NYSE VVV traded up $0.23 during midday trading on Friday, reaching $23.19. 54,341 shares of the company traded hands, compared to its average volume of 666,347. The firm has a market cap of $4.33 billion, a PE ratio of 16.68, a PEG ratio of 1.62 and a beta of 0.89. The stock’s 50-day simple moving average is $21.79 and its 200-day simple moving average is $20.43. Valvoline has a 12 month low of $16.90 and a 12 month high of $23.90.
Valvoline (NYSE:VVV) last issued its quarterly earnings data on Wednesday, November 6th. The basic materials company reported $0.40 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.07. The company had revenue of $629.00 million during the quarter, compared to analysts’ expectations of $627.04 million. Valvoline had a negative return on equity of 80.89% and a net margin of 9.60%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the business earned $0.34 earnings per share. Equities analysts expect that Valvoline will post 1.45 earnings per share for the current fiscal year.
Valvoline Inc manufactures and markets engine and automotive maintenance products and services. It operates through three segments: Core North America, Quick Lubes, and International. The company offers lubricants for passenger car, light duty, and heavy duty; antifreeze/coolants for original equipment manufacturers; functional and maintenance chemicals, such as brake fluids and power steering fluids, as well as specialty coatings for automotive and industrial applications comprising rust prevention and sound absorption; and oil and air filters for light-duty vehicles.
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