logo
Share SHARE
FONT-SIZE Plus   Neg

Quaker Chemical Q1 EPS Tops Estimates

Quaker Chemical Corp. (KWR) reported first-quarter net income attributable to common shareholders of $11.9 million, up from $10.6 million last year.

Earnings per share remained flat with the prior-year first quarter at $0.91.

On average, 4 analysts polled by Thomson Reuters expected the company to earn $0.68 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales for the quarter rose 11 percent to $177.6 million from $159.9 million a year ago. Analysts had a consensus revenue estimate of $165.50 million for the quarter

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
British lender Lloyds Banking Group Plc. Friday reported higher profit in its first half, benefited by increased net interest income and margin as well as lower impairment. Looking ahead, the company lifted its net interest margin forecast. Amgen reported an increase in second-quarter profit, driven by sales of arthritis drug Enbrel and osteoporosis treatments Xgeva and Prolia, and improved margins. Both earnings and sales topped Wall Street estimates. Electronic Arts Inc. (EA) on Thursday reported an increase in profit for the first quarter, reflecting continued strong digital revenues, with both earnings and revenues topping Wall Street estimates. However, shares of the company fell over 4 percent, after having detailed a weak outlook. Redwood...
comments powered by Disqus
RELATED NEWS
Trade KWR now with 
Follow RTT