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PolyOne: 3Q Earnings Snapshot

AVON LAKE, Ohio (AP) _ PolyOne Corp. (POL) on Wednesday reported third-quarter earnings of $50.2 million.

The Avon Lake, Ohio-based company said it had net income of 62 cents per share.

The results matched Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 62 cents per share.

The maker of resins used in plastic pipe and other products posted revenue of $883 million in the period, also meeting Street forecasts.

PolyOne shares have decreased 19 percent since the beginning of the year. The stock has fallen 16 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POL at https://www.zacks.com/ap/POL