Covista Inc.CVSA
▲ PositiveCapitalrelevance
Revenue and EPS beat estimates, with improved margins and raised guidance.
Impact on stocks 1
Consumer Discretionary
Covista Inc.Covista reported second-quarter CY2026 revenue of $501.4 million, beating analyst estimates of $486.5 million and growing 9.7% year on year. Adjusted earnings per share came in at $2.09, exceeding the consensus estimate of $1.89 by 10.4%, while adjusted EBITDA of $126.9 million also topped forecasts. The company issued full-year revenue guidance of approximately $2.07 billion, in line with analyst expectations, and provided adjusted EPS guidance for fiscal 2027 of $9.03 at the midpoint, slightly above estimates. Operating margin improved to 19% from 16.8% a year earlier, and free cash flow margin rose to 19.4% from 8.9%.
Covista Inc.Revenue and EPS beat estimates, with improved margins and raised guidance.