in this issue
Markets :: Specialty Chemicals :: Catalysts
A. Schulman first-quarter earnings decline
3:53 PM MST | January 3, 2013 | Vincent Valk
A. Schulman recorded fiscal first-quarter earnings down 13.2% year-on-year (YOY), to $11.8 million, on sales up 4.5%, to $540.6 million. Adjusted earnings totaled 50 cts/share, slightly ahead of analysts’ consensus estimate of 49 cts/share, as reported by Thomson Reuters (New York). A. Schulman’s fiscal first-quarter ended on 30 November. The company reiterated its full-year 2013 earnings guidance of $2.14-$2.19/share. In Europe, the Middle East and Africa (EMEA), sales were down 0.4% YOY, to $351.5 million, while operating income fell 16.1%...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee