PolyOne Corp Q4 Income Climbs 2%

(RTTNews) - PolyOne Corp (POL) released earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $33.5 million, or $0.39 per share. This was up from $32.9 million, or $0.36 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.8% to $775.8 million. This was down from $869.3 million last year.

PolyOne Corp earnings at a glance:

-Earnings (Q4): $33.5 Mln. vs. $32.9 Mln. last year. -Earnings Growth (Y-o-Y): 1.8% -EPS (Q4): $0.39 vs. $0.36 last year. -EPS Growth (Y-o-Y): 8.3% -Analysts Estimate: $0.42 -Revenue (Q4): $775.8 Mln vs. $869.3 Mln last year. -Revenue Change (Y-o-Y): -10.8%