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Stock impact report

NewMarket Corporation Reports Fourth Quarter and Full Year 2019 Results

NewMarket Corp (NEU) 
Company Research Source: Business Wire
Full Year Net Income of $254.3 Million and Earnings Per Share of $22.73Petroleum Additives Full Year Operating Profit of $359.2 Million RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE:NEU) Chairman and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company’s operations for the fourth quarter and full year 2019.Profit before income taxes for 2019 was $331.6 million compared to $290.3 million for 2018. Net income for 2019 was $254.3 million, or $22.73 per share compared to net income of $234.7 million, or $20.34 per share, for 2018. Profit before income taxes for the fourth quarter of 2019 was $66.6 million compared to $71.1 million in 2018. Net income for the fourth quarter of 2019 was $50.1 million, or $4.48 per share compared to net income of $62.8 million, or $5.58 per share for the fourth quarter of 2018.Sales for the petroleum additives segment for the fourth quarter of 2019 were $531.8 million, down 1.0% compared to the s Show less Read more
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