NewMarket: Q2 Earnings Snapshot

RICHMOND, Va. (AP) _ NewMarket Corp. (NEU) on Wednesday reported second-quarter profit of $52 million.

The Richmond, Virginia-based company said it had net income of $4.75 per share.

The holding company for manufacturers of petroleum additives and lubricants posted revenue of $590.7 million in the period.

NewMarket shares have declined 22% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $311.27, a drop of 25% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NEU at https://www.zacks.com/ap/NEU

Copyright © 2021 . All rights reserved. This website is not intended for users located within the European Economic Area.

Comments

Sign up for breaking news alerts