NewMarket Q3 net income rises 24% to $124.11 million
Bitget2026/10/28 21:24- NewMarket’s third-quarter 2026 earnings per share rose 27% year over year to $13.50.
- Quarterly net sales increased to $716.5 million, while petroleum additives shipments fell 8% year over year.
- Specialty materials quarterly operating profit more than doubled year over year to $16.39 million, driven by a shift in product shipment mix.
- Ammonium perchlorate and high-purity hydrazine capacity expansion projects are expected to be completed by the end of 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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