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Omnova Solutions (OMN) Misses Q3 EPS by 3c

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OMNOVA Solutions Continues Year-Over-Year Earnings Growth In 2016 Third Quarter, Led by Increased Volumes of Over 6% in Performance Chemicals' Specialty Businesses

September 22, 2016 7:31 AM EDT

BEACHWOOD, Ohio, Sept. 22, 2016 /PRNewswire/ --

Third Quarter 2016 Highlights

Earnings per diluted share (EPS) in the third quarter of 2016 grew to $0.10, exceeding the $0.01 EPS in the third quarter of 2015. Adjusted Earnings Per Diluted Share in the third quarter expanded to $0.14, compared to $0.13 last year, marking the sixth consecutive quarter of year-over-year improvement. Both EPS and Adjusted EPS for the third quarter of 2016 were negatively impacted by approximately $0.03, due to country-wide labor strikes in France earlier in the quarter. Segment operating profit margins were 10.8%, compared to 6.0% in the third quarter of 2015. Adjusted... More

OMNOVA Solutions To Webcast Third Quarter 2016 Earnings Call

September 21, 2016 7:30 AM EDT

BEACHWOOD, Ohio, Sept. 21, 2016 /PRNewswire/ -- OMNOVA Solutions (NYSE: OMN) will hold its conference call to discuss third quarter 2016 results on Thursday, September 22, 2016 at 11:00am ET. The call will be hosted by OMNOVA Solutions' Chairman and Chief Executive Officer Kevin McMullen, and Senior Vice President and Chief Financial Officer Paul... More