PolyOne (POL) Tops Q4 EPS by 4c, Revenues Miss

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PolyOne Announces Fourth Quarter and Full Year 2019 Results

January 28, 2020 6:34 AM EST

CLEVELAND, Jan. 28, 2020 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its full year and fourth quarter results for 2019. Full year GAAP earnings per share from continuing operations were $0.97 in 2019 compared to $1.09 in 2018.  Adjusted earnings per share in 2019 increased 12% to $1.69, from $1.51 in 2018. 

Fourth quarter GAAP earnings per share from continuing operations of $0.08 in 2019 compared to a loss of $0.02 per share in the fourth quarter of 2018.  Adjusted earnings per share of $0.34 in the fourth quarter of 2019 exceeded the $0.30 expected at the time of the company's fourth quarter outlook announcement.  The better than expected... More