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Newmarket Corporation (NEU) Soars 1.18% on Q1 Earnings

Mover TrackerWednesday, Apr 23, 2025 6:26 pm ET

1min read

Newmarket Corporation's (NYSE: NEU) stock price surged 1.18% today, marking its second consecutive day of gains and a total increase of 2.95% over the past two days. The share price reached its highest level since September 2024, with an intraday gain of 2.18%.

In the first quarter of 2025, Newmarket Corporation reported a profit of $125.9 million, translating to a net income of $13.26 per share. Despite this, the company's revenue for the quarter was $700.9 million, which marked a decline and led to a decrease in share price, despite beating analyst estimates with their adjusted earnings per share. Additionally, the company declared a quarterly dividend of $2.75 per share. The significant institutional ownership, with 65% of shares held by institutional investors, also plays a role in the stock's performance and market perception.

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