25.10.2017 23:27:10
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A. Schulman Inc. Reveals 30% Retreat In Q4 Bottom Line
(RTTNews) - A. Schulman Inc. (SHLM) reported a profit for fourth quarter that retreated compared to the same period last year.
The company said its bottom line fell to $9.56 million, or $0.32 per share. This was down from $13.75 million, or $0.47 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 7.0% to $646.65 million. This was up from $604.59 million last year.
A. Schulman Inc. earnings at a glance:
-Earnings (Q4): $9.56 Mln. vs. $13.75 Mln. last year. -Earnings Decline (Y-o-Y): -30.5% -EPS (Q4): $0.32 vs. $0.47 last year. -EPS Decline (Y-o-Y): -31.9% -Analysts Estimate: $0.25 -Revenue (Q4): $646.65 Mln vs. $604.59 Mln last year. -Revenue Change (Y-o-Y): 7.0%
-Guidance: Full year EPS guidance: $2.00 - $2.20
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