PolyOne (POL) Reports In-Line Q4 EPS, Revenues Beat

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PolyOne Announces Full Year and Fourth Quarter 2018 Results

January 29, 2019 6:17 AM EST

CLEVELAND, Jan. 29, 2019 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its fourth quarter and full year results for 2018. GAAP earnings per share were $0.15 in the fourth quarter of 2018 compared to $0.43 in the fourth quarter of 2017. Adjusted earnings per share were $0.41 in the fourth quarter of 2018, in line with the fourth quarter of 2017. Special items for the fourth quarter of 2018 primarily included a mark-to-market pension adjustment and environmental related costs (see Attachment 3).

Full year GAAP earnings per share were $2.00 in 2018 compared to $2.11 in 2017.  Adjusted earnings per share in 2018 increased 10% to $2.43, from... More