Global Hunter Securities Downgrades PolyOne (POL) to Accumulate

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PolyOne Announces Record Second Quarter 2015 Results

July 27, 2015 7:36 AM EDT

CLEVELAND, July 27, 2015 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its second quarter results for 2015.  Adjusted earnings per share increased to an all-time quarterly high of $0.57, up 12% from $0.51 in the second quarter of 2014.  GAAP earnings per share of $0.74 in the second quarter of 2015 increased from $0.33 in the second quarter of 2014.  Special items for the second quarter of 2015 included a tax benefit and realignment charges, which resulted in a net after-tax gain of $15.9 million, or $0.17 per share (see Attachment 1).

"I am very pleased to report we delivered double-digit adjusted earnings... More