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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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.