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Lubrizol Sets 2013 Earnings Target of $13.50/share

12:08 PM MDT | October 5, 2010 | Robert Westervelt

The company announced a 2012 target of $10/share in February, but stronger-than-expected results have put the company on course to meet the goal this year. Analysts polled by Thomson Reuters (New York) expect to Lubrizol to post full-year earnings of $10.05/share in 2010. “We believe it is appropriate to revisit our longer-term targets, especially to reinforce our positive outlook for sustained growth beyond 2010,” says Lubrizol chairman and CEO James Hambrick....

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