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Quaker Chemical (KWR)
NYSE:KWR
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.62Last Year’s EPS
$1.78Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -7.05%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced sentiment with resilience in financial performance and strategic advancements, but also highlights challenges in specific segments and persistent market headwinds.Company Guidance
During the Quaker Houghton Q3 2024 earnings call, the company outlined several financial metrics and strategic initiatives. Quaker Houghton reported net sales of $462 million, a 6% decline compared to the previous year but steady with the prior quarter. Gross margins remained at 37.3%, aligning with the previous year and quarter. The company generated $79 million in adjusted EBITDA and achieved $1.89 in non-GAAP diluted earnings per share. Furthermore, Quaker Houghton maintained a strong financial position with over $200 million in cash and a net leverage ratio of 1.6x trailing 12-month adjusted EBITDA. Year-to-date operating cash flow reached approximately $142 million. The company returned around $50 million to shareholders via dividends and share repurchases. Looking ahead, Quaker Houghton expects continued challenges in its end markets through Q4 2024, with a focus on cost optimization and growth initiatives.Resilient Financial Performance
Quaker Houghton delivered stable sales and strong consistent margins with another quarter of solid earnings and cash flow generation despite challenging market conditions. Net sales were $462 million, 6% below the prior year but stable sequentially. Adjusted EBITDA was $79 million, and non-GAAP diluted EPS was $1.89.
Strong Cash Position and Shareholder Returns
The company ended the quarter with over $200 million of cash and a net leverage ratio of 1.6x trailing 12-month adjusted EBITDA. Year-to-date, they have generated $142 million of operating cash flow and returned approximately $50 million to shareholders through dividends and share repurchases.
Asia Pacific Segment Growth
The Asia Pacific segment delivered a 3% increase in net sales compared to the prior year, with volumes higher by approximately 9% year-to-date, driven by new business wins in metals and metalworking applications.
Cost and Optimization Program Success
Quaker Houghton achieved more than the $20 million of run rate savings targeted by the cost and optimization program announced in 2022, on schedule.
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KWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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KWR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $151.58 | $161.09 | +6.27% |
| Aug 05, 2024 | $164.49 | $160.21 | -2.60% |
| May 02, 2024 | $191.67 | $184.57 | -3.70% |
| Feb 29, 2024 | $198.96 | $196.55 | -1.21% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Quaker Chemical (KWR) report earnings?
Quaker Chemical (KWR) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Quaker Chemical (KWR) earnings time?
Quaker Chemical (KWR) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KWR EPS forecast?
KWR EPS forecast for the fiscal quarter 2024 (Q4) is $1.62.
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