Covista Fiscal Q1 Adjusted Earnings, Revenue Rise; Lifts 2026 Outlook, Announces CFO Retirement

05:44 PM EDT, 10/29/2026 (MT Newswires) -- Covista Inc. (CVSA) reported fiscal Q1 adjusted earnings late Thursday of $2.19 per share, up from $1.75 a year earlier. Four analysts polled by FactSet expected $1.83. Revenue for the quarter ended Sept. 30 was $511.5 million, up from $462.3 million a year ago. Four analysts expected $491.2 million. The company now expects 2026 adjusted EPS of $9.00 to $9.20 on revenue between $2.06 billion and $2.10 billion, up from its previous guidance of $8.90 to $9.15 on revenue of $2.05 billion to $2.09 billion. Analysts expected adjusted EPS of $9.05 on revenue of $2.07 billion. Covista said Chief Financial Officer Robert Phelan will retire after nearly seven years with the company and will stay on until a successor is named.