- A. Schulman (NASDAQ:SHLM) says it is cutting FY 2015 EPS guidance to $2.50-$2.55 from its previous forecast for $2.60-$2.65, citing the decline of the euro and other currencies against the dollar; for Q2, SHLM expects EPS of $0.39, with the euro alone impacting the quarter by $0.05.
- FY 2015 analyst consensus EPS was $2.52; consensus for Q2 earnings was $0.42.
- Operationally, SHLM repors Q/Q improvements in gross margin across all regions, despite forex and before acquisitions.