PQ Group earnings fall as COVID-19 dings demand
03.08.2020
MOSCOW (MRC) -- PQ Group today reported second-quarter net income down 48.0% year-on-year (YOY), to USD15.9 million, on sales down 16.7%, to USD359.5 million, said Chemweek.Adjusted earnings totaled 22 cents/share, ahead of analysts' consensus estimate of 19 cents/share, as reported by Refinitiv (New York, New York). The declines were "largely on lower volume from COVID-19 impacts related