NewMarket Corporation Reports First Quarter 2011 Results - EPS of $3.57

NewMarket Corporation NEU President and Chief Executive Officer, Thomas E. Gottwald, released the following earnings report of the Company's operations for the first quarter of 2011. Net income for the first quarter 2011 increased to $49.6 million, or $3.57 per share, an improvement of 18 percent over net income for the first quarter of 2010 of $42.1 million, or $2.78 per share. The percentage increase in earnings per share for the first quarter was 28 percent reflecting the additional benefit of the Company's stock repurchasing activities.