Quaker Chemical Corp reports results for the quarter ended December 31 - Earnings Summary

• Quaker Chemical Corp KWR.N reported quarterly adjusted earnings of $1.33​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $1.78. The mean expectation of six analysts for the quarter was for earnings of $1.52 per share. Wall Street expected results to range from $1.25 to $1.67 per share.

• Revenue fell 4.9% to $444.09 million from a year ago; analysts expected $430.56 million.

• Quaker Chemical Corp's reported EPS for the quarter was 81 cents​.

• The company reported quarterly net income of $14.19 million.

• Quaker Chemical Corp shares had risen by 0.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the commodity chemicals peer group is also "buy"

Wall Street's median 12-month price target for Quaker Chemical Corp is $177.00

This summary was machine generated from LSEG data February 24 at 10:48 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)