28.06.2016 23:19:07
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A. Schulman Inc. Profit Rises 19% In Q3
(RTTNews) - A. Schulman Inc. (SHLM) revealed earnings for its third quarter that climbed compared to the same period last year.
The company said its bottom line rose to $25.23 million, or $0.79 per share. This was up from $21.20 million, or $0.72 per share, in last year's third quarter.
Analysts had expected the company to earn $0.78 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 16.0% to $650.44 million. This was up from $560.86 million last year.
A. Schulman Inc. earnings at a glance:
-Earnings (Q3): $25.23 Mln. vs. $21.20 Mln. last year. -Earnings Growth (Y-o-Y): 19.0% -EPS (Q3): $0.79 vs. $0.72 last year. -EPS Growth (Y-o-Y): 9.7% -Analysts Estimate: $0.78 -Revenue (Q3): $650.44 Mln vs. $560.86 Mln last year. -Revenue Change (Y-o-Y): 16.0%
-Guidance: Full year EPS guidance: $2.40 - $2.45
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