WASHINGTON (dpa-AFX) - Iconix Brand Group (ICON) released a profit for fourth quarter that declined from last year.
The company said its earnings dropped to $12.29 million, or $0.25 per share. This was down from $22.68 million, or $0.45 per share, in last year's fourth quarter.
The company said revenue for the quarter fell 1.4% to $94.65 million. This was down from $96.01 million last year.
Iconix Brand Group earnings at a glance:
-Earnings (Q4): $12.29 Mln. vs. $22.68 Mln. last year. -Earnings Decline (Y-o-Y): -45.8% -EPS (Q4): $0.25 vs. $0.45 last year. -EPS Decline (Y-o-Y): -44.4% -Revenue (Q4): $94.65 Mln vs. $96.01 Mln last year. -Revenue Change (Y-o-Y): -1.4%
-Guidance: Full year EPS guidance: $1.15 - $1.30 Full year revenue guidance: $370 - $390 Mln
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