Quaker Chemical Corp expected to post earnings of $2.22 a share - Earnings Preview

Quaker Chemical

03/08/2024 03:04

* Quaker Chemical Corp  KWR.N   KWR  is expected to show a
fall in
quarterly revenue when it reports  results on August 5 for the
period ending June 30 2024
    * The Conshohocken Pennsylvania-based  company is expected
to
report a 0.4% decrease in revenue to $493.68 million from
$495.44 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 $2.22 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 $222.50​, above​ its last closing price of $171.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.98        1.99       2.09      Beat    5
 Dec. 31 2024  1.66        1.67       1.78      Beat    6.8
 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.        1.33        1.33       1.89      Beat    42.5
 31 2023                                                
 Dec. 31 2022  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
 This summary was machine generated August 3 at 02:04 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)