Valvoline Reports Second-Quarter Results

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Valvoline (VVV) Tops Q2 EPS by 2c

May 6, 2020 5:29 PM EDT

Valvoline (NYSE: VVV) reported Q2 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $578 million versus the consensus estimate of $589.51 million.

Outlook

"The overall impact of COVID-19 was relatively moderate in Q2," Mitchell said. "While we expect more significant impacts in the current quarter, we are encouraged by improving recent trends across our segments, especially as miles driven... More