PolyOne Q2 Profit Surges - Quick Facts

(RTTNews) - PolyOne Corp. (POL) Tuesday reported second-quarter profit of $180.6 million or $1.83 per share, up from $24.6 million or $0.27 per share in the same period last year.

Adjusted earnings for the quarter was $36.6 million or $0.37 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $1.04 billion from $756.6 million last year. Analysts expected revenues of $1.02 billion.

Looking ahead, the company expects to report double-digit EPS growth in the second half of 2013.