23.11.2015 22:14:04

Cubic Corp. Bottom Line Drops 39% In Q4

(RTTNews) - Cubic Corp. (CUB) revealed earnings for fourth quarter that fell compared to the same period last year.

The company said its bottom line came in at $20.0 million, or $0.74 per share. This was lower than $32.8 million, or $1.22 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.96 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.4% to $425.9 million. This was up from $396.4 million last year.

Cubic Corp. earnings at a glance:

-Earnings (Q4): $20.0 Mln. vs. $32.8 Mln. last year. -Earnings Decline (Y-o-Y): -39.0% -EPS (Q4): $0.74 vs. $1.22 last year. -EPS Decline (Y-o-Y): -39.3% -Analysts Estimate: $0.96 -Revenue (Q4): $425.9 Mln vs. $396.4 Mln last year. -Revenue Change (Y-o-Y): 7.4%

-Guidance: Full year EPS guidance: $1.30 - $1.55 Full year revenue guidance: $1.450 - $1.500 Bln

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