CommScope Holding Posts Q4 Profit - Quick Facts

(RTTNews) - CommScope Holding Company, Inc. (COMM) Thursday reported fourth-quarter loss of $9 million or $0.05 per share, compared to a profit of $11 million or $0.07 per share in the same period last year.

Adjusted earnings for the quarter were $54 million or $0.30 per share. On average, 14 analysts polled by Thomson Reuters expected the company to earn $0.29 per share for the quarter. Analysts' estimates typically exclude special items.

Sales dropped to $847 million from $848 million last year. Analysts expected sales of $820.45 million.

Looking ahead to the first quarter, the company has forecast adjusted earnings in the range of $0.36 to $0.40 per share with revenues ranging between $860 million and $900 million.

Analysts currently expect the company to report first-quarter earnings of $0.30 per share on revenues of $818.23 million.