Quaker Chemical: Q3 Earnings Snapshot
CONSHOHOCKEN, Pa. (AP) — CONSHOHOCKEN, Pa. (AP) — Quaker Chemical Corp. (KWR) on Thursday reported third-quarter profit of $32.3 million.
The Conshohocken, Pennsylvania-based company said it had net income of $1.81 per share. Earnings, adjusted for non-recurring costs, were $1.89 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.
The specialty chemical company posted revenue of $462.3 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $468.4 million.
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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
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