Quaker Chemical's (KWR) Q2 Earnings and Sales Miss Estimates

Quaker Chemical Corporation (KWR) recorded earnings of $1.94 per share in the second quarter of 2024, up from$1.63 per share in the year-ago quarter. Barring one-time items, earnings came in at $2.13 per share for the reported quarter, missing the Zacks Consensus Estimate of$2.21. Net sales fell around 6% year over year to $463.6 million in the quarter. It missed the Zacks Consensus Estimate of$487.9 million. The downside was due to lower selling prices and product mix as well as reduced volumes due to w ...