A. Schulman (SHLM) Tops Q3 EPS by 1c; Offers Lucent Update

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A. Schulman Reports Fiscal 2016 Third Quarter Results

June 28, 2016 5:14 PM EDT

AKRON, Ohio, June 28, 2016 /PRNewswire/ -- A. Schulman, Inc. (Nasdaq: SHLM) announced today earnings for the fiscal 2016 third quarter ended May 31, 2016 of $0.53 per diluted share, compared to a loss of ($0.34) per share in the prior year period. On an adjusted basis, reported earnings per share were $0.79 compared with $0.72 in the prior year period. 

Consolidated net sales for the fiscal 2016 third quarter were $650.4 million, compared with $560.9 million in the same prior-year quarter. After adjusting for negative foreign currency translation of $6.2 million, and net sales from the Citadel acquisition of $112.4 million during the... More