A. Schulman Inc. (SHLM) reported third quarter adjusted EPS of $0.69 Tuesday morning, up from $0.65 last year. The consensus estimate was for EPS of $0.62. The company expects to report full year 2012 adjusted EPS of $2.03 to $2.07. The consensus estimate is for EPS of $2.01.
A. Schulman gapped open higher Tuesday and has continued to rise on above average volume. Shares are now up 3.14 at $23.37. The stock has surged to a 2-month high and has re-crossed both its 50 and 200-day moving averages.
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