PolyOne Raises Q2 Guidance

PolyOne Corporation POL shares are trading higher after the company raised its second-quarter adjusted earnings per share guidance from 68 cents to 72-74 cents.

“I want to highlight our specialty engineered materials segment which is overcoming continued weakness in Europe and China with gains in composites and wire and cable applications,” said CEO Robert Patterson in a Monday afternoon release.

PolyOne shares closed Monday's session up 1.5 percent at $27.05.