Quaker Chemical's (KWR) Q1 Earnings Beat Estimates, Sales Lag

Quaker Chemical Corporation (KWR) recorded earnings of $1.95 per share in the first quarter of 2024, up from $1.64 per share in the year-ago quarter.Barring one-time items, earnings came in at $2.09 per share for the reported quarter, topping the Zacks Consensus Estimate of $1.97.Net sales fell around 6% year over year to $469.8 million in the quarter. Sales missed the Zacks Consensus Estimate of $491.3 million. The downside was due to lower selling prices and product mix as well as reduced volumes due to w ...