WASHINGTON (dpa-AFX) - Iconix Brand Group (ICON) announced earnings for its fourth quarter that climbed compared to the same period last year.
The company said its bottom line came in at $22.01 million, or $0.38 per share. This was higher than $12.29 million, or $0.25 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 7.9% to $87.14 million. This was down from $94.65 million last year.
Iconix Brand Group earnings at a glance:
-Earnings (Q4): $22.01 Mln. vs. $12.29 Mln. last year. -Earnings Growth (Y-o-Y): 79.1% -EPS (Q4): $0.38 vs. $0.25 last year. -EPS Growth (Y-o-Y): 52.0% -Analysts Estimate: $0.10 -Revenue (Q4): $87.14 Mln vs. $94.65 Mln last year. -Revenue Change (Y-o-Y): -7.9%
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