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Quaker Chemical Reports Q4 Earnings Miss and Revenue Drop

Quaker Chemical Corp. reports fourth quarter earnings miss. The company sees a decline in earnings and revenue compared to last year, indicating potential impacts on stock performance.

Date: 
AI Rating:   4

Earnings Performance: Quaker Chemical Corp. reported net earnings of $14.19 million for the fourth quarter, down from $20.20 million a year ago. This represents a significant decrease and indicates a challenging financial period for the company. In terms of earnings per share (EPS), this translates to $0.81 compared to $1.12 last year, highlighting a concerning decline.

Adjusted Earnings: Excluding certain items, the adjusted earnings amount to $23.57 million, or $1.33 per share. While this figure is higher than the reported EPS, it still falls short of analysts' expectations, which averaged $1.52 per share. This miss indicates the company faced difficulties in meeting market expectations.

Revenue Trends: Quaker Chemical Corp. also reported that revenue fell by 4.9%, landing at $444.09 million compared to $467.11 million in the prior year. This decline in revenue could signal challenges in sales and overall market conditions affecting the company.