Newmarket (NEU) Reports Q2 EPS of $2.05

Go back to Newmarket (NEU) Reports Q2 EPS of $2.05

NewMarket Corporation Reports Second Quarter and First Half 2020 Results

July 29, 2020 5:01 PM EDT

Second Quarter Results Significantly Affected by COVID-19 Restrictions Second Quarter Shipments Down 24%, Driving Revenue and Earnings Reductions Focus Remains on Investing in Long-Term Success of the Company

RICHMOND, Va.--(BUSINESS WIRE)-- NewMarket Corporation (NYSE: NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Companys operations for the second quarter and first half of 2020.

Net income for the second quarter of 2020 was $22.3 million, or $2.05 per share, compared to net income of $74.2 million, or... More