Quaker Chemical Corp expected to post earnings of $1.67 a share - Earnings Preview

Quaker Chemical

27/02/2024 21:32

* Quaker Chemical Corp  KWR.N   KWR  is expected to show a
fall in
quarterly revenue when it reports  results on February 29 for
the period ending December 31 2023
    * The Conshohocken Pennsylvania-based  company is expected
to
report a 2.9% decrease in revenue to $470.56 million from
$484.81 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Quaker Chemical Corp is
for
earnings of $1.67 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Quaker
Chemical
Corp is $230.00​, above​ its last closing price of $199.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.89        1.90       2.05      Beat    8.2
 Jun. 30 2023  1.85        1.85       1.93      Beat    4.5
 Mar. 31 2023  1.33        1.33       1.89      Beat    42.5​
 Dec. 31 2022  1.26        1.27       1.39      Beat    9.3
 ​​Sep.        1.47        1.47       1.74      Beat    18.7
 30 2022                                                
 Jun. 30 2022  1.06        1.05       1.32      Beat    25.4​
 Mar. 31 2022  1.41        1.41       1.42      Beat    0.7
 Dec. 31 2021  1.57        1.58       1.29      Missed  -18.5
 This summary was machine generated February 27 at 21:32 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)