A. Schulman (SHLM) Posts Quarterly Earnings, Beats Estimates By $0.08 EPS
A. Schulman (NASDAQ:SHLM) issued its quarterly earnings data on Tuesday. The company reported $0.74 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.08, AnalystRatingsNetwork.com reports. The company had revenue of $645.70 million for the quarter, compared to the consensus estimate of $627.50 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The company’s quarterly revenue was up 17.7% on a year-over-year basis. A. Schulman updated its Q4 guidance to $.61-0.66 EPS.
A. Schulman (NASDAQ:SHLM) traded up 2.14% during mid-day trading on Tuesday, hitting $39.53. The stock had a trading volume of 312,372 shares. A. Schulman has a one year low of $24.63 and a one year high of $38.74. The stock has a 50-day moving average of $35.89 and a 200-day moving average of $35.09. The company has a market cap of $1.149 billion and a P/E ratio of 46.13.
The company also recently declared a quarterly dividend, which is scheduled for Friday, August 1st. Shareholders of record on Friday, July 18th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date of this dividend is Wednesday, July 16th.
A. Schulman, Inc (NASDAQ:SHLM) is a supplier of plastic compounds, resins and services.
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