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PQ Group: Q2 Earnings Snapshot
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PQ Group: Q2 Earnings Snapshot
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PQ Group: Q2 Earnings Snapshot
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PQ Group: Q1 Earnings Snapshot
May 6, 2021
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MALVERN, Pa. (AP) PQ Group Holdings Inc. (PQG) on Thursday reported a first-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Malvern, Pennsylvania-based company said it had a loss of 2 cents. Earnings, adjusted for one-time gains and costs, came to 4 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The specialty chemical producer posted revenue of $126.6 million in the period.
PQ Group expects full-year revenue in the range of $555 million to $565 million.
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