PolyOne (POL) Misses Q1 EPS by 1c

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PolyOne Announces First Quarter 2015 Results

April 30, 2015 4:42 PM EDT

CLEVELAND, April 30, 2015 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its first quarter results for 2015.  Adjusted earnings per share increased to an all-time high of $0.46, up from $0.44 in the first quarter of 2014.  GAAP earnings per share of $0.34 in the first quarter of 2015 increased from $0.31 in the first quarter of 2014.  Special items for the first quarter of 2015 included realignment charges and one-time tax adjustments, which resulted in a net after-tax charge of $11.4 million, or $0.12 per share (see Attachment 3).

"I am pleased to report record adjusted earnings per share of $0.46 for the... More