Brokerages Expect A Schulman Inc (SHLM) to Announce $0.36 Earnings Per Share
Wall Street analysts predict that A Schulman Inc (NASDAQ:SHLM) will report earnings per share (EPS) of $0.36 for the current fiscal quarter, Zacks reports. Two analysts have made estimates for A Schulman’s earnings. The highest EPS estimate is $0.41 and the lowest is $0.31. A Schulman posted earnings of $0.31 per share during the same quarter last year, which suggests a positive year over year growth rate of 16.1%. The company is expected to announce its next quarterly earnings results on Tuesday, April 3rd.
On average, analysts expect that A Schulman will report full-year earnings of $2.20 per share for the current financial year, with EPS estimates ranging from $2.10 to $2.32. For the next financial year, analysts forecast that the business will post earnings of $2.71 per share, with EPS estimates ranging from $2.45 to $2.83. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that follow A Schulman.
A Schulman (NASDAQ:SHLM) last posted its quarterly earnings data on Monday, January 8th. The basic materials company reported $0.55 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.44 by $0.11. The company had revenue of $674.60 million during the quarter, compared to analysts’ expectations of $639.10 million. A Schulman had a net margin of 1.78% and a return on equity of 28.45%. A Schulman’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp lifted its position in shares of A Schulman by 0.3% during the fourth quarter. Bank of New York Mellon Corp now owns 427,715 shares of the basic materials company’s stock valued at $15,933,000 after purchasing an additional 1,418 shares in the last quarter. Advisor Group Inc. lifted its position in shares of A Schulman by 79.5% during the fourth quarter. Advisor Group Inc. now owns 3,262 shares of the basic materials company’s stock valued at $121,000 after purchasing an additional 1,445 shares in the last quarter. Capital Fund Management S.A. lifted its position in shares of A Schulman by 22.4% during the fourth quarter. Capital Fund Management S.A. now owns 8,200 shares of the basic materials company’s stock valued at $305,000 after purchasing an additional 1,500 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of A Schulman by 30.2% during the fourth quarter. Crossmark Global Holdings Inc. now owns 7,708 shares of the basic materials company’s stock valued at $287,000 after purchasing an additional 1,789 shares in the last quarter. Finally, Eqis Capital Management Inc. lifted its position in shares of A Schulman by 12.0% during the fourth quarter. Eqis Capital Management Inc. now owns 19,799 shares of the basic materials company’s stock valued at $738,000 after purchasing an additional 2,115 shares in the last quarter. 87.87% of the stock is currently owned by institutional investors.
A Schulman (NASDAQ:SHLM) opened at $43.25 on Friday. A Schulman has a 12 month low of $25.00 and a 12 month high of $43.88. The firm has a market cap of $1,275.93, a price-to-earnings ratio of 34.33, a price-to-earnings-growth ratio of 2.01 and a beta of 1.32. The company has a quick ratio of 0.98, a current ratio of 1.61 and a debt-to-equity ratio of 4.01.
A Schulman Company Profile
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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