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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.
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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
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