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24.10.2013 23:21:59

A. Schulman Posts Q4 Loss - Quick Facts

(RTTNews) - A. Schulman, Inc. (SHLM) reported a fourth-quarter net loss to company of of $2.68 million or $0.09 per share, compared to profit of $11.24 million or $0.38 per share, last year. Loss per share from continuing operations was $0.04, compared to profit of $0.39 per share, last year. Adjusted income for the quarter was $16.12 million or $0.55 per share.

On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.44 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $537.29 million, from $517.68 million, last year.

The company expects its fiscal 2014 adjusted net income to be in the range of $2.08 to $2.13 per share, including the impact of the acquisition of Perrite and pending acquisition of Network Polymers. Analysts expect the company to report fiscal 2014 profit per share of $2.08.

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