Quaker Chemical (KWR) Reports Q1 Earnings: What Key Metrics Have to Say
For the quarter ended March 2024, Quaker Chemical (KWR) reported revenue of $469.76 million, down 6.1% over the same period last year. EPS came in at $2.09, compared to $1.89 in the year-ago quarter.The reported revenue represents a surprise of -4.39% over the Zacks Consensus Estimate of $491.35 million. With the consensus EPS estimate being $1.97, the EPS surprise was +6.09%.While investors closely watch year-over-year changes in headline numbers — revenue and earnings — and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company\'s underlying performance.As these metrics influence top- and bottom-line performance,
comparing them to the year-ago numbers and what analysts estimated helps investors project a stock\'s price performance more accurately.Here is how Quaker Chemical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Geographic Revenue- Asia/Pacific : $101.58 million versus $103.15 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5.5% change.Geographic Revenue- Americas : $229.75 million versus $237.20 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -8.6% change.Geographic Revenue- EMEA: $138.42 million versus $151.65 million
estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -9.2% change.View all Key Company Metrics for Quaker Chemical here>>>Shares of Quaker Chemical have returned -5.8% over the past month versus the Zacks S&P 500 composite\'s -4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportQuaker Houghton (KWR) : Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
