Quaker Chemical Corporation (KWR) saw its stock price plummet 6.24% in pre-market trading on Friday, as investors reacted to the company's underwhelming first-quarter 2025 financial results released late Thursday.
The specialty chemical company reported adjusted earnings per share of $1.58 for the quarter ended March 31, narrowly beating analysts' expectations of $1.57. However, this figure represents a significant decline from the $2.09 per share reported in the same quarter last year. Revenue also disappointed, falling 5.7% year-over-year to $442.91 million, below the Wall Street consensus estimate of $454.80 million.
The lackluster performance appears to be part of a broader trend for Quaker Chemical, as the company's shares have already fallen 14.3% this quarter and lost 24.7% year-to-date. Adding to investor concerns, analysts have been revising their earnings estimates downward, with the mean estimate falling by about 18.2% over the last three months. Despite these challenges, the average analyst recommendation for Quaker Chemical remains a "buy," with a median 12-month price target of $142.50.