A. Schulman (SHLM) Issues Quarterly Earnings Results
A. Schulman (NASDAQ:SHLM) announced its quarterly earnings results on Monday. The basic materials company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.44 by $0.11, Briefing.com reports. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. The company had revenue of $674.60 million for the quarter, compared to the consensus estimate of $639.10 million. During the same quarter last year, the company posted $0.49 earnings per share. The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. A. Schulman updated its FY18 guidance to $2.00-$2.22 EPS.
Shares of A. Schulman (NASDAQ SHLM) opened at $38.90 on Tuesday. A. Schulman has a 12-month low of $25.00 and a 12-month high of $39.85. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09. The firm has a market capitalization of $1,150.00, a P/E ratio of 45.23, a PEG ratio of 1.92 and a beta of 1.58.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Monday, January 15th will be given a $0.205 dividend. The ex-dividend date is Thursday, January 11th. This represents a $0.82 annualized dividend and a dividend yield of 2.11%. A. Schulman’s dividend payout ratio is 95.35%.
About A. Schulman
A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.
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