Quaker Chemical: Q1 Earnings Snapshot
By AP News
Published - May 04, 2023, 06:39 PM ET
Last Updated - Jun 21, 2023, 10:35 PM EDT
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Quaker Chemical Corp. (KWR) on Thursday reported first-quarter net income of $29.5 million.
The Conshohocken, Pennsylvania-based company said it had profit of $1.64 per share. Earnings, adjusted for non-recurring costs, came to $1.89 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The specialty chemical company posted revenue of $500.1 million in the period.
