NewMarket (NEU) Scheduled to Post Quarterly Earnings on Wednesday
NewMarket (NYSE:NEU) will post its quarterly earnings results after the market closes on Wednesday, January 24th. Analysts expect NewMarket to post earnings of $3.84 per share for the quarter.
NewMarket (NYSE:NEU) last posted its quarterly earnings results on Wednesday, October 25th. The specialty chemicals company reported $5.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $5.70 by ($0.66). The firm had revenue of $584.41 million for the quarter, compared to analyst estimates of $546.40 million. NewMarket had a net margin of 10.85% and a return on equity of 41.70%. The business’s revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the company posted $6.00 earnings per share.
Shares of NewMarket (NEU) opened at $400.53 on Wednesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.50 and a current ratio of 2.74. The stock has a market capitalization of $4,750.00, a P/E ratio of 20.45 and a beta of 0.80. NewMarket has a 52-week low of $377.27 and a 52-week high of $483.86.
NewMarket Company Profile
NewMarket Corporation is a holding company. The Company is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). The Company operates through petroleum additives segment, which is primarily represented by Afton.
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