Quaker Chemical (KWR) Misses Q3 EPS by 4c

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Go back to Quaker Chemical (KWR) Misses Q3 EPS by 4c

Quaker Chemical Announces Third Quarter 2015 Results

October 28, 2015 4:20 PM EDT

CONSHOHOCKEN, Pa., Oct. 28, 2015 /PRNewswire/ -- Quaker Chemical Corporation (NYSE: KWR) today announced net sales of $189.2 million for the third quarter of 2015 compared to $198.9 million for the third quarter of 2014.  The 5% decrease in net sales was driven by negative impacts from foreign currency translation of $14.9 million, or 8%, which offset the Company's product volume and acquisition-related growth in the quarter.

Earnings per diluted share for the current quarter were $1.08 as compared to $1.18 for the third quarter of 2014.  The third quarter of 2015 results included one-time transaction expenses of $2.8 million, or $0.15 per diluted... More