Omnova Solutions (OMN) Misses Q3 EPS by 4c

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OMNOVA reports seventh consecutive quarter of year-over-year growth in Specialty Segment volume in Q3 2018 and acquisition of Portugal-based manufacturer for its Specialty Solutions segment

September 26, 2018 8:00 AM EDT

BEACHWOOD, Ohio, Sept. 26, 2018 /PRNewswire/ --

Third Quarter 2018 Highlights

Loss per share for Q3 of 2018 was $0.04 compared to earnings per Share of $0.18 last year, driven by asset writedowns related to the Company's strategic decision to exit the commodity coated paper market.Adjusted Diluted Earnings per Share for the quarter was $0.18 compared to $0.25 last... More