Innophos Holdings Shares Gain

Innophos Holdings Shares Gain

Innophos Holdings shares were 13% higher Tuesday after the maker of nutritional specialty ingredients reported Q2 adjusted earnings fell to $0.57 per share from $0.63 a year ago. The result exceeded the $0.53 estimate from analysts polled by Capital IQ. Revenue edged down to $179.1 million from $181.9 million but beat the $172.7 million estimate. For Q3, Innophos said it expects Q3 sales to be similar to Q2 but down […]

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