Quaker Chemical's (KWR) Q2 Earnings and Sales Miss Estimates
KWRQuaker(KWR) ZACKS·2024-08-07 20:31

Quaker Chemical Corporation (KWR) recorded earnings of 1.94pershareinthesecondquarterof2024,upfrom1.94 per share in the second quarter of 2024, up from 1.63 per share in the year-ago quarter.Barring one-time items, earnings came in at 2.13pershareforthereportedquarter,missingtheZacksConsensusEstimateof2.13 per share for the reported quarter, missing the Zacks Consensus Estimate of 2.21.Net sales fell around 6% year over year to 463.6millioninthequarter.ItmissedtheZacksConsensusEstimateof463.6 million in the quarter. It missed the Zacks Consensus Estimate of 487.9 million. The downside was due to lower selling prices and product mix as well as reduced volumes due to wea ...