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Quaker Chemical: Q1 Earnings Snapshot


Quaker Chemical: Q1 Earnings Snapshot
May 6, 2021
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CONSHOHOCKEN, Pa. (AP) Quaker Chemical Corp. (KWR) on Thursday reported first-quarter net income of $38.6 million, after reporting a loss in the same period a year earlier.
The Conshohocken, Pennsylvania-based company said it had net income of $2.15 per share. Earnings, adjusted for non-recurring gains, were $2.11 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.51 per share.
The specialty chemical company posted revenue of $429.8 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $385.8 million.
Quaker Chemical shares have declined roughly 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $236.68, a rise of 69% in the last 12 months. ....

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Quaker Chemical Corp (KWR) Q1 2021 Earnings Call Transcript


Greetings, and welcome to Quaker Houghton s first quarter earnings release conference call. [Operator Instructions]
I would now like to turn the conference over to your host, Mr. Michael Barry, Chairman, CEO and President. Please go ahead, sir.
Michael F. Barry
Chairman of the Board, Chief Executive Officer and President
Good morning, everyone. Joining me today are Shane Hostetter, our CFO; Robert Traub, our General Counsel; and David Will, our Global Controller. We have slides for our conference call. You can find them in the Investor Relations section of our website at www.quakerhoughton.com. A great deal has changed over the past year with the COVID-19 pandemic. For us, our top priority is and has been to protect the health and safety of our employees and our customers while ensuring our business continuity to meet our customers requirements. All of our plants around the world are operating, and we are continuing to meet our customer needs despite the increa ....

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Quaker Chemical Corp. Q1 adjusted earnings Beat Estimates


Quaker Chemical Corp. Q1 adjusted earnings Beat Estimates
WASHINGTON (dpa-AFX) - Below are the earnings highlights for Quaker Chemical Corp. (KWR):
-Earnings: $38.6 million in Q1 vs. -$28.4 million in the same period last year.
-EPS: $2.15 in Q1 vs. -$1.60 in the same period last year.
-Excluding items, Quaker Chemical Corp. reported adjusted earnings of $37.9 million or $2.11 per share for the period.
-Analysts projected $1.46 per share
-Revenue: $429.8 million in Q1 vs. $378.6 million in the same period last year.
Copyright RTT News/dpa-AFX
© 2021 AFX News ....

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Quaker Chemical: 4Q Earnings Snapshot


Quaker Chemical: 4Q Earnings Snapshot
February 26, 2021 GMT
CONSHOHOCKEN, Pa. (AP) Quaker Chemical Corp. (KWR) on Thursday reported fourth-quarter profit of $48.5 million.
The Conshohocken, Pennsylvania-based company said it had profit of $2.72 per share. Earnings, adjusted for non-recurring gains, came to $1.63 per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.50 per share.
The specialty chemical company posted revenue of $385.9 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $362.2 million.
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For the year, the company reported profit of $39.7 million, or $2.22 per share. Revenue was reported as $1.42 billion. ....

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