PQ Group Holdings Inc. (NYSE:PQG) is reporting third quarter financial results on Friday 30th October 2020, before market open.
According to analysts surveyed by Thomson Reuters, PQG is expected to report 3Q20 income of $ 0.24 per share from revenue of $ 387.44 million.
For the full year, analysts anticipate top line of $ 1462.63 million, while looking forward to income of $ 0.76 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,430.00 million ~ $ 1,460.00 million, where as bottomline are predicted in a range of $ 0.67 ~ $ 0.86 per share
Click Here For More Historical Outlooks Of PQ Group Holdings Inc.
Previous Quarter Performance
PQ Group Holdings Inc. came out with income for the second quarter of $ 0.22 per share, from the revenue of $ 359.50 million. The quarterly earnings declined 29.03 percent while revenues dropped 16.72 percent compared with the same quarter last year.
Wall street analysts are predicting, PQG to report 2Q20 income of $ 0.19 per share from revenue of $ 358.71 million. The bottom line results beat street analysts by $ 0.03 or 15.79 percent, at the same time, top line results outshined analysts by $ 0.79 million or 0.22 percent.
Stock Performance
Shares of PQ Group Holdings Inc. traded up $ 0.42 or 3.59 percent on Thursday, reaching $ 12.13 with volume of 122.50 thousand shares. PQ Group Holdings Inc. has traded high as $ 12.17 and has cracked $ 11.56 on the downward trend
According to the previous trading day, closing price of $ 12.13, representing a 37.76 % increase from the 52 week low of $ 8.50 and a 32.16 % decrease over the 52 week high of $ 17.26.
The company has a market capital of $ 1.65 billion and is part of the Basic Materials sector and Specialty Chemicals industry.
Conference Call
PQ Group Holdings Inc. will be hosting a conference call at 10:00 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pqcorp.com
PQ Group Holdings Inc. provides catalysts, specialty materials and chemicals, and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates in two segments, Environmental Catalysts and Services; and Performance Materials and Chemicals.
