27.10.2016 00:04:50
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A. Schulman Inc. Bottom Line Falls 27% In Q4
(RTTNews) - A. Schulman Inc. (SHLM) revealed a profit for fourth quarter that declined from last year.
The company said its bottom line dropped to $13.75 million, or $0.47 per share. This was down from $18.76 million, or $0.64 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.32 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 10.3% to $604.59 million. This was down from $674.02 million last year.
A. Schulman Inc. earnings at a glance:
-Earnings (Q4): $13.75 Mln. vs. $18.76 Mln. last year. -Earnings Decline (Y-o-Y): -26.7% -EPS (Q4): $0.47 vs. $0.64 last year. -EPS Decline (Y-o-Y): -26.6% -Analysts Estimate: $0.32 -Revenue (Q4): $604.59 Mln vs. $674.02 Mln last year. -Revenue Change (Y-o-Y): -10.3%
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