Ferro Corp. Earnings Rise 39% In Q4

(RTTNews) - Ferro Corp. (FOE) announced a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line came in at $16.21 million, or $0.19 per share. This was up from $11.63 million, or $0.13 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.6% to $264.99 million. This was up from $260.93 million last year.

Ferro Corp. earnings at a glance:

-Earnings (Q4): $16.21 Mln. vs. $11.63 Mln. last year. -Earnings Growth (Y-o-Y): 39.4% -EPS (Q4): $0.19 vs. $0.13 last year. -EPS Growth (Y-o-Y): 46.2% -Analysts Estimate: $0.16 -Revenue (Q4): $264.99 Mln vs. $260.93 Mln last year. -Revenue Change (Y-o-Y): 1.6%

-Guidance: Full year EPS guidance: $0.95 - $1.00