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Quaker Chemical Q3 sales, adj profit beat estimates on higher prices

By Reuters News


Overview

  • US industrial process fluids maker's Q3 sales rose 10%, beating analyst expectations

  • Adjusted EPS for Q3 rose 15% year-over-year and beat analyst expectations

  • Growth driven by higher prices and new business wins across all segments


Outlook

  • Company expects Q4 revenue and adjusted EBITDA to rise Y/Y but fall sequentially

  • Company expects soft Q4 demand in Asia due to uncertainty in China


Result Drivers

  • NEW BUSINESS WINS - Co said sales volume growth was driven by new business wins across all segments

  • PRICE AND PRODUCT MIX - Co said higher selling prices and product mix changes, including pricing actions to offset raw material costs, drove sales growth

  • EMEA MARGIN IMPROVEMENT - Co said EMEA segment operating earnings rose due to improved margins and higher net sales


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Sales

Beat

$544.55 mln

$520.83 mln (6 Analysts)

Q3 Adjusted EPS

Beat

$2.39

$2.10 (7 Analysts)

Q3 Adjusted Net Income

Beat

$41.41 mln

$36.98 mln (4 Analysts)

Q3 Adjusted EBITDA

Beat

$89.78 mln

$83.99 mln (7 Analysts)


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the commodity chemicals peer group is "buy"

  • Wall Street's median 12-month price target for Quaker Chemical Corp is $195.00, about 24.3% above its October 28 closing price of $156.92

  • The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 20 three months ago


Reuters Recommended Reads

  • Oct 29 - Eastman Chemical Q3 revenue, profit miss analyst estimates on higher costs

  • Oct 27 - Illinois Tool Works Inc beats Q3 EPS estimates, raises 2026 outlook

  • Oct 28 - IDEX Q3 sales beat on increased volumes


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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