A. Schulman Adds Over 12% After Strong Q3 Earnings

Shares of A. Schulman

are seeing increased strength during Tuesday's trading session after the company reported strong third quarter earnings yesterday, after the close. A. Schulman reported third-quarter EPS of $0.69 versus the estimated $0.62 per share, beating by +11.3%. Revenues came in at $569.1M versus the estimated $565.60M, beating by +0.6%. "Overcoming the economic and political headwinds in today's environment is a challenging task, and I am extremely proud of the efforts of our entire team in putting up some very strong numbers," said Joseph M. Gingo, Chairman, President and Chief Executive Officer. "As expected, our Americas and Asia Pacific segments are significantly outpacing prior-year results while our EMEA segment, including the successful integration of our Elian acquisition, is working aggressively to offset the extremely difficult market conditions. We continue to focus on what's within our control and we remain committed to developing high-value-added products and implementing cost-control initiatives to improve performance." Tuesday, shares of A. Schulman were trading up over 10 percent, at about $22.27 per share.