Quaker Houghton Q3 EPS $2.05 Beats $1.90 Estimate, Sales $490.61M Beat $485.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quaker Houghton (NYSE:KWR) reported Q3 earnings of $2.05 per share, beating the analyst consensus estimate of $1.90 by 7.89%. This is a 17.82% increase from the same period last year. The company also reported quarterly sales of $490.61 million, beating the analyst consensus estimate of $485.13 million by 1.13%, but a 0.33% decrease from the same period last year.
November 02, 2023 | 8:54 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Quaker Houghton's Q3 earnings and sales beat analyst estimates, which could lead to a positive short-term impact on the stock.
Quaker Houghton's Q3 earnings and sales exceeded analyst estimates, which is typically seen as a positive signal by the market and could lead to a short-term increase in the stock price. However, the slight decrease in sales compared to the same period last year might temper this positive impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100