Quaker Houghton Q3 2024 Adj EPS $1.89 Misses $2.11 Estimate, Sales $462.30M Miss $471.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Quaker Houghton reported Q3 2024 earnings per share of $1.89, missing the analyst estimate of $2.11. Sales were $462.30 million, below the expected $471.48 million, and down 5.77% from the previous year.
October 31, 2024 | 8:34 pm
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Quaker Houghton reported Q3 2024 earnings that missed analyst expectations, with EPS at $1.89 versus the expected $2.11. Sales also fell short at $462.30 million, a 5.77% decrease from the previous year.
The earnings and sales figures both missed analyst estimates, which is likely to negatively impact the stock price in the short term. The EPS miss was significant at 10.43%, and sales were down year-over-year, indicating potential challenges for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100