Quaker Chemical Corp (KWR) reported quarterly earnings results on Wednesday, Jul-27-2016. The company said it had a profit of $1.11 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $1.09. The company posted revenue of $186.91 million in the period, compared to analysts expectations of $187.77 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.
Quaker Chemical Corp closed down -0.91 points or -0.93% at $96.78 with 37,151 shares getting traded on Thursday. Post opening the session at $96.71, the shares hit an intraday low of $96.34 and an intraday high of $97.715 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on May 10, 2016, L Wilbert Platzer (VP & Managing Dtr – EMEA) sold 1,500 shares at $85.58 per share price. According to the SEC, on Apr 26, 2016, Joseph F Matrange (VP – Global Coatings) sold 4,000 shares at $90.00 per share price. On Mar 8, 2016, Michael F Barry (Chairman, CEO and President) sold 14,000 shares at $83.01 per share price, according to the Form-4 filing with the securities and exchange commission.
Quaker Chemical Corporation is engaged in providing process fluids and chemical specialties to a range of industries including steel aluminum automotive mining aerospace tube and pipe cans and others. The Company develops produces and markets a range of formulated chemical specialty products. It offers chemical management services (CMS) for various heavy industrial and manufacturing applications. The Company operates through four segments: North America the Europe Middle East and Africa (EMEA) Asia/Pacific and South America. The Companys principal products and services include rolling lubricants corrosion preventives metal finishing compounds machining and grinding compounds forming compounds bio-lubricants hydraulic fluids chemical milling maskants construction products specialty greases die casting lubricants and programs to provide chemical management services.