PQ Group: Q4 Earnings Snapshot

·1 min read

MALVERN, Pa. (AP) _ PQ Group Holdings Inc. (PQG) on Tuesday reported a fourth-quarter loss of $216.7 million, after reporting a profit in the same period a year earlier.

The Malvern, Pennsylvania-based company said it had a loss of $1.60 per share. Earnings, adjusted for one-time gains and costs, were 61 cents per share.

The specialty chemical producer posted revenue of $281.5 million in the period.

For the year, the company reported a loss of $196.4 million, or $1.45 per share, swinging to a loss in the period. Revenue was reported as $1.11 billion.

PQ Group expects full-year revenue in the range of $555 million to $565 million.

PQ Group shares have climbed 24% since the beginning of the year. The stock has increased 52% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PQG at https://www.zacks.com/ap/PQG