27.04.2016 23:14:20
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Quaker Chemical Corp. Q1 Profit Climbs 25%
(RTTNews) - Quaker Chemical Corp. (KWR) released earnings for its first quarter that gained ground compared to the same period last year.
The company said its bottom line advanced to $12.95 million, or $0.98 per share. This was higher than $10.38 million, or $0.94 per share, in last year's first quarter.
Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 1.8% to $178.08 million. This was down from $181.33 million last year.
Quaker Chemical Corp. earnings at a glance:
-Earnings (Q1): $12.95 Mln. vs. $10.38 Mln. last year. -Earnings Growth (Y-o-Y): 24.8% -EPS (Q1): $0.98 vs. $0.94 last year. -EPS Growth (Y-o-Y): 4.3% -Analysts Estimate: $0.98 -Revenue (Q1): $178.08 Mln vs. $181.33 Mln last year. -Revenue Change (Y-o-Y): -1.8%
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