NewMarket Q3 EPS $13.79 Up From $11.60 YoY, Sales $724.95M Up From $667.15M YoY
Portfolio Pulse from Benzinga Newsdesk
NewMarket (NYSE:NEU) reported a significant increase in Q3 earnings per share (EPS) and sales compared to the same period last year. EPS rose by 18.88% to $13.79, while sales increased by 8.66% to $724.95 million.
October 23, 2024 | 9:02 pm
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NewMarket's Q3 earnings per share increased by 18.88% to $13.79, and sales rose by 8.66% to $724.95 million compared to the previous year, indicating strong financial performance.
The significant increase in both EPS and sales suggests strong operational performance and potential positive investor sentiment, likely leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100