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Omnova's qrtly profit misses estimates, sales fall 7.3 pct


Thursday, 22 Sep 2016 07:30am EDT 

Omnova Solutions Continues Year : Over-Year earnings growth in 2016 third quarter, led by increased volumes of over 6% in performance chemicals' specialty businesses . Q3 adjusted earnings per share $0.14 . Q3 earnings per share $0.10 . Q3 sales fell 7.3 percent to $195.6 million . Q3 earnings per share view $0.17 -- Thomson Reuters I/B/E/S . Eps and adjusted EPS for Q3 of 2016 were negatively impacted due to country-wide labor strikes in France earlier in quarter . Continues to expect 2016 to be another year of growth in adjusted earnings per diluted share .EPS and adjusted EPS for Q3 of 2016 were negatively impacted by approximately $0.03. 

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9.8
-0.3 -2.97%
14 Dec 2017