OM Group, Inc. (OMG) reported third quarter net income attributable to OM Group of $11.43 million or $0.38 per share, compared to $56.27 million or $1.85 per share last year.
Earnings per share from continuing operations were $0.32, compared to $1.84 in the prior year.
On average, 4 analysts polled by Thomson Reuters expected the company to report earnings of $0.35 per share. Analysts' estimates typically exclude special items.
Net sales declined to $235.24 million from $448.63 million a year ago.
For comments and feedback: editorial@rttnews.com