Iconix Brand Group Bottom Line Falls 46% In Q4

(RTTNews) - Iconix Brand Group (ICON) released a profit for fourth quarter that declined from last year.

The company said its earnings dropped to $12.29 million, or $0.25 per share. This was down from $22.68 million, or $0.45 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 1.4% to $94.65 million. This was down from $96.01 million last year.

Iconix Brand Group earnings at a glance:

-Earnings (Q4): $12.29 Mln. vs. $22.68 Mln. last year. -Earnings Decline (Y-o-Y): -45.8% -EPS (Q4): $0.25 vs. $0.45 last year. -EPS Decline (Y-o-Y): -44.4% -Revenue (Q4): $94.65 Mln vs. $96.01 Mln last year. -Revenue Change (Y-o-Y): -1.4%

-Guidance: Full year EPS guidance: $1.15 - $1.30 Full year revenue guidance: $370 - $390 Mln