Quaker Chemical's (KWR) Q2 Earnings and Sales Miss Estimates
Quaker(KWR) ZACKS·2024-08-07 20:31
Quaker Chemical Corporation (KWR) recorded earnings of $1.94 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 $2.13 per share for the reported quarter, missing the Zacks Consensus Estimate of $2.21. Net sales fell around 6% year over year to $463.6 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 w ...