IHS Chemical Week

Markets :: Specialty Chemicals :: Catalysts

Schulman earnings hit by strong dollar but beat estimates

4:25 PM MDT | October 24, 2012 | Vincent Valk

A. Schulman’s fiscal fourth-quarter adjusted net income fell 6% year-on-year, to $14.1 million, or 48 cts/share, as sales growth was adversely impacted by a strong dollar. Including restructuring charges, basic net income totaled $11.2 million, or 38 cts/share, nearly double the year-ago quarter. Earnings beat analysts’ consensus of 44 cts/share, as reported by Thomson Reuters (New York). A. Schulman’s fiscal fourth quarter ended on August 31.   Net sales for the quarter fell 9.3% year-on-year, to $524.4 million, as the strong dollar...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa