A. Schulman Inc. (SHLM) reported that its first-quarter net income attributable to common stockholders increased to $17.03 million or $0.65 per share from $8.16 million or $0.31 per share last year.
Net income attributable to common stockholders before unusualitems increased to $19.70 million or $0.76 per share from $8.70 million or $0.33 per share a year ago.
On average, 4 analysts polled by Thomson Reuters expected the company to report profit of $0.43 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales decreased to $362.86 million from $388.32 million last year.
The company expects that net income for the second quarter of fiscal 2010 will be significantly better than the prior-year period.
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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.