NewMarket: 4Q Earnings Snapshot
RICHMOND, Va. (AP) _ NewMarket Corp. (NEU) on Wednesday reported fourth-quarter net income of $62.8 million.
On a per-share basis, the Richmond, Virginia-based company said it had net income of $5.58.
The holding company for manufacturers of petroleum additives and lubricants posted revenue of $538.3 million in the period.
For the year, the company reported profit of $234.7 million, or $20.34 per share. Revenue was reported as $2.29 billion.
NewMarket shares have declined 1.5 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $405.80, a climb of 6.5 percent in the last 12 months.