Investing.com - Quaker Chemical reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Quaker Chemical announced earnings per share of $1.74 on revenue of $492.2M. Analysts polled by Investing.com anticipated EPS of $1.56 on revenue of $502M.
Quaker Chemical shares are down 12% from the beginning of the year and are trading at $154.74 , down-from-52-week-high.
Quaker Chemical follows other major Materials sector earnings this month
Quaker Chemical's report follows an earnings beat by Air Products on Thursday, who reported EPS of $2.89 on revenue of $3.57B, compared to forecasts EPS of $2.77 on revenue of $3.21B.
Sherwin-Williams had beat expectations on Tuesday, October 25, 2022 with third quarter EPS of $2.83 on revenue of $6.05B, compared to forecast for EPS of $2.59 on revenue of $5.81B.
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