-- Valvoline (VVV) shares rose 2% in Thursday trading after the company reported Q2 results that topped analysts' estimates and raised its 2026 adjusted EPS guidance.
The company reported fiscal Q2 adjusted earnings of $0.41 per diluted share, up from $0.34 a year earlier.
Analysts surveyed by FactSet expected $0.34.
Net revenue for the quarter ended March 31 was $503.8 million, compared with $403.2 million a year earlier.
Analysts surveyed by FactSet expected $495.7 million.
Valvoline raised its full-year fiscal 2026 adjusted EPS outlook to $1.65 to $1.75 per diluted share from a prior range of $1.60 to $1.70. Analysts surveyed by FactSet expect $1.70.
The company maintained its full-year fiscal 2026 net revenue forecast of $2 billion to $2.1 billion. Analysts expect revenue of $2.05 billion.
Price: $34.13, Change: $-0.03, Percent Change: -0.10%