A. Schulman, Inc. (SHLM) Reports In-Line Q3 EPS, Reaffirms Outlook

July 6, 2011 4:03 PM EDT
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Price: $44.00 --0%

Financial Fact:
Net sales: 604.59M

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A. Schulman, Inc. (NASDAQ: SHLM) reported Q3 EPS of $0.65, in-line with the analyst estimate of $0.65. Revenue for the quarter came in at $611.14 million versus the consensus estimate of $548 million.

Based upon year-to-date results, the Company reaffirms its fiscal 2011 net income guidance in the range of $57 million to $62 million. The guidance assumes a euro exchange rate of $1.35.


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