02.03.2016 13:40:55

Abercrombie & Fitch Co. Q4 Earnings Drop 9%

(RTTNews) - Abercrombie & Fitch Co. (ANF) announced a profit for fourth quarter that declined from last year.

The company said its earnings fell to $73.71 million, or $1.08 per share. This was down from $80.82 million, or $1.15 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.99 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.9% to $1.11 billion. This was down from $1.12 billion last year.

Abercrombie & Fitch Co. earnings at a glance:

-Earnings (Q4): $73.71 Mln. vs. $80.82 Mln. last year. -Earnings Decline (Y-o-Y): -8.8% -EPS (Q4): $1.08 vs. $1.15 last year. -EPS Decline (Y-o-Y): -6.1% -Analysts Estimate: $0.99 -Revenue (Q4): $1.11 Bln vs. $1.12 Bln last year. -Revenue Change (Y-o-Y): -0.9%

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