Quaker Chemical (KWR) Q3 Earnings and Revenues Miss Estimates

Company Performance - Quaker Chemical reported quarterly earnings of $1.89 per share, missing the Zacks Consensus Estimate of $2.04 per share, and down from $2.05 per share a year ago, representing an earnings surprise of -7.35% [1] - The company posted revenues of $462.27 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 1.31%, and down from $490.61 million year-over-year [2] - Over the last four quarters, Quaker Chemical has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Performance - Quaker Chemical shares have lost approximately 27.6% since the beginning of the year, contrasting with the S&P 500's gain of 21.9% [3] - The current Zacks Rank for Quaker Chemical is 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.91 on revenues of $467.98 million, and for the current fiscal year, it is $8.18 on revenues of $1.87 billion [7] - The trend for estimate revisions ahead of the earnings release has been unfavorable, which may impact future stock movements [6] Industry Context - The Chemical - Specialty industry, to which Quaker Chemical belongs, is currently in the bottom 33% of the Zacks industry rankings, suggesting potential challenges ahead [8]