PolyOne Corp Profit Advances 2% In Q3

(RTTNews) - PolyOne Corp (POL) announced earnings for its third quarter that increased from last year.

The company said its bottom line advanced to $47.4 million, or $0.58 per share. This was up from $46.3 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.55 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.6% to $818.5 million. This was up from $746.7 million last year.

PolyOne Corp earnings at a glance:

-Earnings (Q3): $47.4 Mln. vs. $46.3 Mln. last year. -Earnings Growth (Y-o-Y): 2.4% -EPS (Q3): $0.58 vs. $0.55 last year. -EPS Growth (Y-o-Y): 5.5% -Analysts Estimate: $0.55 -Revenue (Q3): $818.5 Mln vs. $746.7 Mln last year. -Revenue Change (Y-o-Y): 9.6%