IHS Chemical Week

People & Business :: Companies

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.

Username:
Password:

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



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
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