OMNOVA Solutions (NYSE:OMN) will be issuing its quarterly earnings data before the market opens on Wednesday, September 26th. Analysts expect the company to announce earnings of $0.22 per share for the quarter.

OMNOVA Solutions (NYSE:OMN) last released its earnings results on Thursday, June 28th. The specialty chemicals company reported $0.20 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.01. OMNOVA Solutions had a positive return on equity of 43.56% and a negative net margin of 8.97%. The company had revenue of $206.00 million for the quarter, compared to analysts’ expectations of $204.08 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The firm’s quarterly revenue was down 6.8% on a year-over-year basis. On average, analysts expect OMNOVA Solutions to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NYSE OMN opened at $9.95 on Tuesday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 1.44 and a current ratio of 2.08. OMNOVA Solutions has a 12-month low of $8.30 and a 12-month high of $11.90. The company has a market cap of $459.94 million, a price-to-earnings ratio of 17.77, a price-to-earnings-growth ratio of 1.54 and a beta of 2.08.

In other OMNOVA Solutions news, VP Charles M. Chrisman sold 3,507 shares of the business’s stock in a transaction that occurred on Friday, July 6th. The stock was sold at an average price of $10.24, for a total transaction of $35,911.68. Following the transaction, the vice president now owns 3,000 shares in the company, valued at approximately $30,720. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.63% of the company’s stock.

OMN has been the topic of several recent analyst reports. ValuEngine cut OMNOVA Solutions from a “hold” rating to a “sell” rating in a research report on Monday, July 16th. Jefferies Financial Group reiterated a “hold” rating on shares of OMNOVA Solutions in a research report on Thursday, May 31st.

About OMNOVA Solutions

OMNOVA Solutions Inc provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in the United States, Europe, and Asia. The company operates in two segments, Specialty Solutions and Performance Materials. The Specialty Solutions segment designs, develops, produces, and markets specialty polymers which are used in various applications, such as architectural and industrial coatings; nonwovens used in hygiene products, filtration, and construction; drilling additives for oil and gas drilling, cementing, and fracking; elastomeric modification of plastic casings and hoses used in household, industrial products, and automobiles; tapes and adhesives; sports surfaces; textile finishes; commercial building refurbishment; new construction; residential cabinets; flooring; ceiling tiles; furnishings; manufactured housing; health care patient; common area furniture; and various industrial films applications.

Read More: How to use beta for portfolio diversification

Earnings History for OMNOVA Solutions (NYSE:OMN)

Receive News & Ratings for OMNOVA Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMNOVA Solutions and related companies with MarketBeat.com's FREE daily email newsletter.