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Quaker Chemical: 2Q Earnings Snapshot

CONSHOHOCKEN, Pa. (AP) _ Quaker Chemical Corp. (KWR) on Thursday reported second-quarter earnings of $15.6 million.

On a per-share basis, the Conshohocken, Pennsylvania-based company said it had net income of $1.17. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.56 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share.

The specialty chemical company posted revenue of $205.9 million in the period.

Quaker Chemical shares have climbed nearly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $182.27, an increase of roughly 7% 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 KWR at https://www.zacks.com/ap/KWR