NYSE:KWRChemicals
How Investors May Respond To Quaker Chemical (KWR) Goodwill Impairment and Weak Quarterly Earnings
In the past week, Quaker Chemical Corporation reported second quarter results, posting sales of US$483.4 million and a net loss of US$66.58 million, primarily due to an US$88.8 million goodwill impairment charge in its EMEA segment.
Despite a dividend increase and completing a share repurchase program, Quaker Chemical's results reflected ongoing economic headwinds and a significant decline in profitability compared to last year.
We'll explore how the goodwill impairment and weak earnings...