KeyBanc Downgrades A. Schulman (SHLM) to Sector Weight Following Negative Earnings Pre-announcement
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/21/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Supermicro probe finds no senior management link to export violations
- SpaceX shares fall as second lockup period ends
- Hertz Global amends voting agreement with CK Amarillo after lawsuit
A. Schulman (SHLM) Cuts FY16 EPS Outlook
March 14, 2016 8:31 AM EDTA. Schulman, Inc. (Nasdaq: SHLM) announced that the Company has lowered its full-year fiscal 2016 adjusted earnings guidance to be in the range of $2.40 to $2.45 per diluted share, on a preliminary basis.
*** The Street sees FY16 EPS of $2.76.
"We are extremely disappointed with our preliminary view of second quarter results which is expected to yield adjusted earnings of approximately $0.25 to $0.30 per share on a diluted basis," stated Bernard Rzepka, President and Chief Executive Officer. "First, the business teams have been focused on correcting the previously disclosed Lucent quality... More
