A. Schulman Inc. Q3 Income Retreats 26%

(RTTNews) - A. Schulman Inc. (SHLM) announced earnings for third quarter that retreated compared to the same period last year.

The company said its earnings fell to $18.55 million, or $0.63 per share. This was lower than $25.23 million, or $0.79 per share, in last year's third quarter.

Analysts had expected the company to earn $0.66 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $645.80 million. This was down from $650.44 million last year.

A. Schulman Inc. earnings at a glance:

-Earnings (Q3): $18.55 Mln. vs. $25.23 Mln. last year. -Earnings Decline (Y-o-Y): -26.5% -EPS (Q3): $0.63 vs. $0.79 last year. -EPS Decline (Y-o-Y): -20.3% -Analysts Estimate: $0.66 -Revenue (Q3): $645.80 Mln vs. $650.44 Mln last year. -Revenue Change (Y-o-Y): -0.7%