NewMarket Q2 Profit Rises

(RTTNews) - NewMarket Corporation (NEU) Tuesday said net income for the second quarter improved to $64.0 million or $4.81 per share from $55.3 million or $4.12 per share last year.

Income excluding discontinued operations and special items were $4.61 per share, compared to $4.68 per share last year.

Total revenues for the quarter dropped to $583.8 million from $587.6 million last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $4.87 per share on revenues of $612.17 million for the quarter. Analysts' estimates typically exclude special items.