PolyOne (POL) Reports In-Line Q2 EPS, Revenues Beat

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PolyOne Announces Second Quarter 2018 Results

July 24, 2018 6:48 AM EDT

CLEVELAND, July 24, 2018 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its second quarter results for 2018. GAAP earnings per share was $0.64 in the second quarter of 2018 compared to $0.60 in the second quarter of 2017. Adjusted earnings per share expanded to $0.71 in the second quarter of 2018 from $0.63 in the second quarter of 2017. Special items for the second quarter of 2018, which primarily included environmental remediation and legal costs, resulted in a net after-tax charge of $5.9 million, or $0.07 per share (see Attachment 1). In the prior year, second quarter special items after-tax were $2.2 million, or $0.03 per share.

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