Newmarket (NEU) Declares $1.75 Quarterly Dividend; 1.7% Yield

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Newmarket (NEU) Reports Q1 EPS of $5.57, Revenues Miss

April 24, 2019 5:03 PM EDT

Newmarket (NYSE: NEU) reported Q1 EPS of $5.57, versus $5.15 reported last year. Revenue for the quarter came in at $536.62 million versus the consensus estimate of $563.17 million.

Petroleum Additives Operating Profit of $87.9 Million, Up 4.4% versus First Quarter 2018First Quarter Net Income of $62.2 Million, Up 2.7%First Quarter Earnings Per Share of $5.57, Up 8.4%

"Net income for the first quarter of 2019 was $62.2 million, an increase of 2.7% compared to net income of $60.6 million for the first quarter of 2018. Earnings per share increased 8.4% to $5.57 per share from $5.14 per share in the prior year... More