$IOSP Innospec reports Q4 EPS $1.27, two estimates 71c Reports Q4 revenue $310.8M, two estimates $284.5M. CEO Patrick Williams says: "This was a pleasing quarter with all of our businesses contributing to the continued improvement in our results. Sales and operating income increased sequentially across all businesses and once again, cash generation was excellent and added to the strength of our balance sheet. Performance Chemicals delivered record full year operating income up an impressive 13 percent over 2019. We continue to invest in our strong pipeline of new organic growth opportunities. This quarter we added additional manufacturing capacity and new rail car handling facilities in North Carolina to support growing demand for our industry leading sulfate-free, 1,4-dioxane free surfactants. In Fuel Specialties, demand for our additives improved as global fuel consumption increased for the second consecutive quarter. Although demand is still below 2019 levels, we believe that the direction of improvement is encouraging. However, we are mindful that COVID-19 related factors such as vaccination rates and the most recent wave of lockdowns in Europe could slow demand levels as we move through 2021. In Oilfield Services, strong growth across all of our end-markets drove a 34% sequential increase in sales for the quarter. Gross margins improved both sequentially and versus the prior year, and we again achieved a significant sequential improvement in operating leverage. We delivered positive operating income versus a $12.4M loss just two quarters ago."