Mohawk Industries Inc Reveals 26% Increase In Q4 Bottom Line

(RTTNews) - Mohawk Industries Inc (MHK) reported earnings for its fourth quarter that climbed from last year.

The company said its bottom line advanced to $209.99 million, or $2.82 per share. This was higher than $166.55 million, or $2.27 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.6% to $2.00 billion. This was up from $1.95 billion last year.

Mohawk Industries Inc earnings at a glance:

-Earnings (Q4): $209.99 Mln. vs. $166.55 Mln. last year. -Earnings Growth (Y-o-Y): 26.1% -EPS (Q4): $2.82 vs. $2.27 last year. -EPS Growth (Y-o-Y): 24.2% -Analysts Estimate: $2.73 -Revenue (Q4): $2.00 Bln vs. $1.95 Bln last year. -Revenue Change (Y-o-Y): 2.6%

-Guidance: Next quarter EPS guidance: $2.24 - $2.33