Brief: Quaker Houghton Reports Q3 Earnings Per Share Of $1.53

Quaker Chemical

05/11/2020 22:24

Nov 5 (Reuters) - Quaker Chemical Corp  KWR.N :
    * QUAKER HOUGHTON ANNOUNCES THIRD QUARTER RESULTS
    * Q3 SALES $367.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$331.2
MILLION
    * Q3 EARNINGS PER SHARE $1.53
    * Q3 NON-GAAP EARNINGS PER SHARE $1.56
    * Q3 EARNINGS PER SHARE ESTIMATE $0.94 -- REFINITIV IBES
DATA
    * FULL YEAR 2020 ADJUSTED EBITDA GUIDANCE INCREASED TO
EXCEED $215
MILLION
    * RECORDED AN INITIAL $24.0 MILLION RESTRUCTURING CHARGE IN
Q3
    * EXPECTS REDUCTIONS IN HEADCOUNT AND SITE CLOSURES TO
CONTINUE
DURING 2020 AND INTO 2021

Source text for Eikon:  ID:nPnffjYa 
Further company coverage:  KWR.N 

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