Quaker Chemical: Q4 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Quaker Chemical Corp. (KWR) on Thursday reported fourth-quarter earnings of $20.2 million.
On a per-share basis, the Conshohocken, Pennsylvania-based company said it had profit of $1.12. Earnings, adjusted for non-recurring costs, came to $1.78 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.64 per share.
The specialty chemical company posted revenue of $467.1 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $467 million.
For the year, the company reported profit of $112.7 million, or $6.26 per share. Revenue was reported as $1.95 billion.
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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
