UPDATE: A. Schulman (SHLM) Posts Inline Q2 EPS of 31c
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A. Schulman Reports Fiscal 2016 Second Quarter Results
April 5, 2016 5:05 PM EDTAKRON, Ohio, April 5, 2016 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq: SHLM), a leading international supplier of high-performance plastic compounds, composites, powders, and resins, today announced earnings for the fiscal second quarter ended February 29, 2016.
"Without question, we are disappointed with our fiscal second-quarter adjusted earnings results and reduced outlook for fiscal 2016," said Bernard Rzepka, president and chief executive officer. "As the quarter progressed, we experienced lower volumes across our legacy businesses and our recent Citadel acquisition. While the deepest contractions have been in the oil & gas markets, there... More
