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Stock impact report

PolyOne Announces Third Quarter 2019 Results

Polished Inc. (POL) 
Last polished inc. earnings: 4/21 06:37 am Check Earnings Report
Company Research Source: PR Newswire
CLEVELAND, Oct. 22, 2019 /PRNewswire/ -- PolyOne Corporation (NYSE: POL) today reported its third quarter results for 2019, which reflect PP&S as a discontinued operation.GAAP earnings per share from continuing operations were $0.30 in the third quarter of 2019 compared to $0.40 in the third quarter of 2018.  Adjusted earnings per share from continuing operations increased 7% to $0.44 in the third quarter of 2019 compared to $0.41 for the third quarter of 2018. "Our investments in sustainable solutions combined with our initiatives to control costs, are helping to offset weak demand across many end markets," said Robert M. Patterson, Chairman, President and Chief Executive Officer, PolyOne Corporation.  "Most notably, sales of composite technologies organically increased 8% over the prior year, and additives into the packaging market increased 3%."  The company noted ongoing weakness in demand, especially in Europe, which impacted both the SEM and Color segments. North America also so Show less Read more
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