PolyOne Announces Second Quarter 2018 Results
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PolyOne (POL) Reports In-Line Q2 EPS, Revenues Beat
July 24, 2018 6:51 AM EDTPolyOne (NYSE: POL) reported Q2 EPS of $0.71, in-line with the analyst estimate of $0.71. Revenue for the quarter came in at $914.8 million versus the consensus estimate of $908.1 million.
"Our investments in commercial resources and specialty acquisitions continue to drive our growth as we reported a 13% increase in adjusted EPS to $0.71 for the second quarter," said Robert M. Patterson, chairman, president and chief executive officer, PolyOne Corporation. "Our Color, Additives & Inks segment led the way with record operating income, driven by both organic gains and the acquisitions of Rutland, Mesa and IQAP."
Mr. Patterson... More
