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Innophos Holdings Jumps Nearly 40% on Earnings Blowout (IPHS)

By Dividend.com Staff
August 1st, 2008

innophos-holdings-jumps-nearly-40-on-earnings-blowout-iphs

Phosphate producer Innophos Holdings (IPHS) is up big today after beating analyst estimates by $2.01. Talk about an earnings blowout. Sales were up 74% for the quarter. The stock is having a big day, as you might imagine.

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Disclaimer: Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. The author is not registered as an investment adviser. The author may or may not hold positions in the securities mentioned in this article or video. The author relies upon the "publisher's exclusion" from the definition of "investment adviser" as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws.