PolyOne (POL) Tops Q1 EPS by 5c

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PolyOne Announces First Quarter 2017 Results

April 27, 2017 6:34 AM EDT

CLEVELAND, April 27, 2017 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its first quarter results for 2017. GAAP earnings per share in the first quarter of 2017 increased to $0.57 from $0.46 in the first quarter of 2016.  Adjusted earnings per share expanded to $0.59 from $0.56 in the first quarter 2016.  Special items for the first quarter of 2017, which primarily included environmental remediation costs, resulted in a net after-tax charge of $1.9 million, or $0.02 per share (see Attachment 1).  In the prior year first quarter, special items were $9.1 million, or $0.10 per share.

"Our investment in commercial resources over... More