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NewMarket posts 1Q profit

RICHMOND, Va. (AP) _ NewMarket Corp. (NEU) on Wednesday reported first-quarter earnings of $63.9 million.

The Richmond, Virginia-based company said it had profit of $5.39 per share.

The holding company for manufacturers of petroleum additives and lubricants posted revenue of $542.8 million in the period.

NewMarket shares have risen slightly more than 9 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $463.71, an increase of 14 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


Keywords: NewMarket, Earnings Report