Quaker Chemical Corp reports results for the quarter ended June 30 - Earnings Summary

• Quaker Chemical Corp KWR.N reported quarterly adjusted earnings of $1.71​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.13. The mean expectation of five analysts for the quarter was for earnings of $1.83 per share. Wall Street expected results to range from $1.70 to $1.93 per share.

• Revenue rose 4.3% to $483.40 million from a year ago; analysts expected $461.15 million.

• Quaker Chemical Corp's reported EPS for the quarter was a loss of $3.78​.

• The company reported a quarterly loss of $66.58 million.

• Quaker Chemical Corp shares had risen by 2.5% this quarter and lost 18.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," no "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 $150.00, about 23.7% above its last closing price of $114.42

This summary was machine generated from LSEG data July 31 at 10:27 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)