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NewMarket: 4Q Earnings Snapshot

RICHMOND, Va. (AP) _ NewMarket Corp. (NEU) on Wednesday reported fourth-quarter net income of $62.8 million.

On a per-share basis, the Richmond, Virginia-based company said it had net income of $5.58.

The holding company for manufacturers of petroleum additives and lubricants posted revenue of $538.3 million in the period.

For the year, the company reported profit of $234.7 million, or $20.34 per share. Revenue was reported as $2.29 billion.

NewMarket shares have declined 1.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $405.80, a climb of 6.5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEU at https://www.zacks.com/ap/NEU