Quaker Chemical Corp expected to post earnings of $1.85 a share - Earnings Preview

Quaker Chemical

28/07/2023 23:15

* Quaker Chemical Corp  KWR.N   KWR  is expected to show a
rise in
quarterly revenue when it reports  results on August 1. 
    * The Conshohocken Pennsylvania-based  company is expected
to
report  a 3.0% increase in revenue to $507 million from $492.39
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Quaker Chemical
Corp is
for earnings of $1.85 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $231​, above​ its last closing price of $198.36. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.33        1.33       1.89      Beat    42.5
 Dec. 31 2023  1.26        1.27       1.39      Beat    9.3
 Sep. 30 2022  1.47        1.47       1.74      Beat    18.7​
 Jun. 30 2022  1.06        1.05       1.32      Beat    25.4
 ​​Mar.        1.41        1.41       1.42      Beat    0.7
 31 2022                                                
 Dec. 31 2021  1.57        1.58       1.29      Missed  -18.5​
 Sep. 30 2021  1.55        1.56       1.63      Beat    4.5
 Jun. 30 2021  1.43        1.41       1.82      Beat    29.3
 This summary was machine generated July 28 at 22:15 GMT.  All
figures in US dollars  unless otherwise stated