Quaker Houghton Q2 adjusted EPS beats estimates, announces $250 mln buyback

Quaker Chemical

30/07/2026 21:40

Overview
US industrial process fluids supplier's Q2 sales rose 10%, beating analyst expectations
Adjusted EPS for Q2 beat consensus, rising 28% year-over-year
Company announced new $250 mln stock repurchase program and raised quarterly dividend

Outlook
Company expects stable demand trends entering Q3 with flat to slightly positive end markets for 2026
Quaker Houghton anticipates Q3 gross margin percentage to stabilize at Q2 levels
Company expects meaningful revenue and adjusted EBITDA growth in 2026

Result Drivers
NEW BUSINESS WINS - Co said 7% sales volume growth was primarily driven by new business wins across all segments
PRICING ACTIONS - Co said improvement in selling price and product mix reflected actions to offset higher raw material costs
CUSTOMER PRE-BUYING - Co observed modest pre-buy activity by customers early in the quarter due to conflict in the Strait of Hormuz

Company press release: ID:nPnjVR2ma

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$532.55 mln
$503.88 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$2.19
$1.65 (7 Analysts)
Q2 Adjusted Net Income
Beat
$37.90 mln
$28.86 mln (5 Analysts)
Q2 Net Income
 
$26.84 mln
 
Q2 Adjusted EBITDA
Beat
$85.17 mln
$71.94 mln (7 Analysts)

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the commodity chemicals peer group is "buy"
Wall Street's median 12-month price target for Quaker Chemical Corp is $175.00, about 17.6% above its July 29 closing price of $148.79
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 15 three months ago

Reuters Recommended Reads
July 29 - NewMarket Q2 revenue, profit rise on surcharges from higher supply-chain costs amid disruptions in the Middle East
July 29 - Ingevity Q2 adjusted EPS beats estimates; annual outlook raised
July 28 - Ashland Q3 profit beats on higher volume, pricing; cuts FY EPS forecast

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)