A. Schulman (SHLM) Tops Q1 EPS by 4c, Reaffirms FY17 Guidance

A. Schulman (NASDAQ: SHLM) reported Q1 EPS of $0.49, $0.04 better than the analyst estimate of $0.45. Revenue for the quarter came in at $600 million versus the consensus estimate of $621.22 million.

The Company is maintaining its previously stated fiscal 2017 targets of $2.5 billion to $2.6 billion in sales, adjusted EBITDA of $225 million to $230 million, adjusted earnings per diluted share in the range of $2.08 to $2.18, and a return on invested capital of 11 percent to 12.5 percent. Refer to the reconciliation of GAAP and Non-GAAP financial measures for the types of items excluded from the Company's business outlook.

For earnings history and earnings-related data on A. Schulman (SHLM) click here.

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