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Compared to Estimates, Quaker Chemical (KWR) Q3 Earnings: A Look at Key Metrics
KWRQuaker(KWR) ZACKS·2024-11-01 00:00

Core Insights - Quaker Chemical (KWR) reported a revenue of 462.27millionforthequarterendedSeptember2024,reflectingadeclineof5.8462.27 million for the quarter ended September 2024, reflecting a decline of 5.8% year-over-year and a surprise of -1.31% compared to the Zacks Consensus Estimate of 468.39 million [1] - The earnings per share (EPS) for the quarter was 1.89,downfrom1.89, down from 2.05 in the same quarter last year, resulting in an EPS surprise of -7.35% against the consensus estimate of 2.04[1]RevenuePerformancebyGeography−Asia/Pacificrevenuewasreportedat2.04 [1] Revenue Performance by Geography - Asia/Pacific revenue was reported at 107.86 million, exceeding the average estimate of 105.70millionbytwoanalysts,markingayear−over−yearincreaseof+2.6105.70 million by two analysts, marking a year-over-year increase of +2.6% [3] - Americas revenue stood at 220.28 million, below the average estimate of 224.05million,representingayear−over−yeardeclineof−10.4224.05 million, representing a year-over-year decline of -10.4% [3] - EMEA revenue was reported at 134.14 million, slightly below the average estimate of $136.39 million, indicating a year-over-year decrease of -3.9% [3] Stock Performance - Over the past month, Quaker Chemical shares have returned -5.5%, contrasting with the Zacks S&P 500 composite's increase of +1% [4] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [4]