Quaker Chemical (KWR) stock surged 5.06% during intraday trading on Friday, marking a significant rebound from earlier session activity.

The sharp rise followed the company's release of first-quarter results that exceeded analyst expectations. Quaker Houghton reported adjusted earnings of $1.63 per share, up from $1.58 a year earlier and beating the FactSet consensus estimate of $1.62. Revenue for the quarter reached $480.5 million, also surpassing the expected $463.7 million and showing growth from $442.9 million in the same period last year.

Despite initially trading down 1% in premarket activity following the earnings announcement, investor sentiment shifted positively intraday as the market digested the stronger-than-anticipated financial performance.