A. Schulman Inc. (SHLM) reported first quarter adjusted net income of $0.50 per share after the bell Thursday, down from $0.52 per share in the prior year. The consensus estimate was for EPS of $0.49. Net sales grew 4 percent to $540.6 million from $517.3 million last year. Analysts estimated revenues of $495.40 million.
A. Schulman gapped open higher Friday and climbed during the first 45 minutes of trade, before settling into a narrow range. The stock closed up by 1.22 at $30.32, with volume at nearly a 6-month high. A. Schulman has been climbing for the last month and a half and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.