PolyOne (POL) Sees Revs Hitting $5B, EPS at $2.50 by FY15
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Price: $25.62 +0.31%
Revenue Growth %: +2.6%
Financial Fact:
Cash dividends declared per common share: 0.06
Today's EPS Names:
BORN, EFUT, ZOOM, More
Revenue Growth %: +2.6%
Financial Fact:
Cash dividends declared per common share: 0.06
Today's EPS Names:
BORN, EFUT, ZOOM, More
Trade POL Now!
PolyOne Corporation (NYSE: POL), will announce to the public the company's long-term growth objectives and performance targets.
As part of its Investor Day, PolyOne's senior leadership will review several key operating and financial performance milestones it is targeting to achieve by 2015, including ranges for operating income as a percentage of sales for each of the company's business platforms.
"Having nearly met or exceeded each of the long-term goals we established in 2006, we're now elevating our expectations even higher," said Stephen D. Newlin, chairman, president and chief executive officer, PolyOne Corporation. "By 2015 our goal is to achieve at least $2.50 of adjusted earnings per share on a $5 billion revenue base, and we have the strategy, plans and team in place to deliver it."
Polyone is currently expected to produce EPS of $1.16 on revs of $3.17 billion in 2012, meaning top-line growth of 12.1 percent per year and EPS growth of 21 percent annually.
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As part of its Investor Day, PolyOne's senior leadership will review several key operating and financial performance milestones it is targeting to achieve by 2015, including ranges for operating income as a percentage of sales for each of the company's business platforms.
"Having nearly met or exceeded each of the long-term goals we established in 2006, we're now elevating our expectations even higher," said Stephen D. Newlin, chairman, president and chief executive officer, PolyOne Corporation. "By 2015 our goal is to achieve at least $2.50 of adjusted earnings per share on a $5 billion revenue base, and we have the strategy, plans and team in place to deliver it."
Polyone is currently expected to produce EPS of $1.16 on revs of $3.17 billion in 2012, meaning top-line growth of 12.1 percent per year and EPS growth of 21 percent annually.
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