Quaker Houghton reports Q3 adjusted EPS $2.05 consensus $1.89

Reports Q3 revenue $490.612M, consensus $485.12M. Andy Tometich, Chief Executive Officer and President, commented, “Quaker Houghton achieved record results in the third quarter highlighted by further improvement in our profitability and double-digit earnings growth as well as robust cash flow generation. I am proud of the organization’s resolve and consistent execution; delivering strong operational and financial performance in a challenging end market environment. Looking ahead, we expect current unsettled market conditions, primarily in the Americas and EMEA, to continue through year end. We are confident in the future of Quaker Houghton. We are firmly committed to advancing our enterprise strategy as we partner with customers to provide value-added services and solutions. We are making progress positioning the organization to build upon our market leading position by further differentiating our customer intimacy model and accelerating new business wins. We expect to capitalize on the momentum we have built in 2024.”