Covista Fiscal Q1 Adjusted Earnings and Revenue Rise; Raises 2026 Outlook

Covista Inc. reported fiscal Q1 2027 revenue of $511.5 million, surpassing the FactSet consensus estimate of $491.1 million, and posted an adjusted EPS of $2.19 per share, which beat the estimated $1.83. The company attributed these results to enrollment-led growth across its segments and noted that it returned $84 million to shareholders through share repurchases during the period. Alongside the financial results, Covista raised its fiscal 2027 guidance, now projecting revenue in the range of $2.06 billion to $2.10 billion and an adjusted EPS range of $9.00 to $9.20. Additionally, the company announced the retirement of its Chief Financial Officer.