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OMNOVA Solutions Inc. (OMN) Is Up Sharply After Q1 Report

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OMNOVA Solutions Inc. (OMN: Quote) reported first quarter net income of $0.28 per share after the bell Tuesday, up from $0.02 per share in the prior year period. The consensus estimate was for EPS of $0.10.

OMNOVA Solutions has gapped up sharply Wednesday and is currently higher by 1.27 at $6.93 on above average volume. The stock has broken out to nearly an 8-month high.

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by RTT Staff Writer

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