NewMarket Corporation Reports Second Quarter and First Half 2019 Results

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Go back to NewMarket Corporation Reports Second Quarter and First Half 2019 Results

Newmarket (NEU) Tops Q2 EPS by 147c, Revenues Miss

July 31, 2019 5:20 PM EDT

Newmarket (NYSE: NEU) reported Q2 EPS of $6.63, $1.47 better than the analyst estimate of $5.16. Revenue for the quarter came in at $563.42 million versus the consensus estimate of $581 million.

Second Quarter Net Income of $74.2 Million and Earnings Per Share of $6.63Petroleum Additives Second Quarter Operating Profit of $103.0 Million

Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Companys operations for the second quarter and first half of 2019.

Net income for the second quarter of 2019 was $74.2 million, compared to net income of $52.9 million for the second... More