Convergys Corp. Q4 Profit Advances 1%

(RTTNews) - Convergys Corp. (CVG) released earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line advanced to $54.6 million, or $0.53 per share. This was higher than $54.3 million, or $0.52 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.6% to $751.8 million. This was down from $763.9 million last year.

Convergys Corp. earnings at a glance:

-Earnings (Q4): $54.6 Mln. vs. $54.3 Mln. last year. -Earnings Growth (Y-o-Y): 0.6% -EPS (Q4): $0.53 vs. $0.52 last year. -EPS Growth (Y-o-Y): 1.9% -Analysts Estimate: $0.47 -Revenue (Q4): $751.8 Mln vs. $763.9 Mln last year. -Revenue Change (Y-o-Y): -1.6%