Quaker Chemical beats Q1 sales estimates on new business wins

Quaker Chemical

30/04/2026 21:41

Overview

Industrial process fluids maker's Q1 net sales rose 8% yr/yr, beating analyst expectations

Adjusted EPS for Q1 met consensus; adjusted net income slightly beat estimates

Company launched global cost program targeting $20-30 mln annualized savings by 2028

Outlook

Company expects incremental demand improvement with normal seasonality, despite ongoing market volatility

Company anticipates raw material inflation in Q2 and expects margin recovery to target range by year-end

Quaker Chemical expects year-over-year revenue and adjusted EBITDA growth in 2026, barring significant end market deterioration

Result Drivers

NEW BUSINESS WINS - Co said 3% organic sales volume growth was driven by net 4% new business wins across all segments, led by Asia/Pacific

ACQUISITIONS AND CURRENCY - Sales rose 8% yr/yr, with 4% growth from acquisitions and 4% from favorable foreign currency translation

SELLING PRICE AND MIX - Decline in selling price and product mix partially offset sales growth, reflecting changes in mix and index-based contracts

Company press release: ID:nPn9FgnTza

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$480.48 mln
$465.12 mln (5 Analysts)
Q1 Adjusted EPS
Meet
$1.63
$1.63 (6 Analysts)
Q1 Adjusted Net Income
Slight Beat*
$28.37 mln
$28.35 mln (4 Analysts)
Q1 Net Income
$19.67 mln
Q1 Adjusted EBITDA
Beat
$72.53 mln
$71.50 mln (6 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the commodity chemicals peer group is "buy"

Wall Street's median 12-month price target for Quaker Chemical Corp is $175.00, about 31.3% above its April 29 closing price of $133.25

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 16 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)