Supervalu Inc. Profit Falls 23% In Q4

(RTTNews) - Supervalu Inc. (SVU) revealed earnings for fourth quarter that fell from last year.

The company said its earnings came in at $79 million, or $0.23 per share. This was down from $102 million, or $0.24 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 10.0% to $3.95 billion. This was down from $4.39 billion last year.

Supervalu Inc. earnings at a glance:

-Earnings (Q4): $79 Mln. vs. $102 Mln. last year. -Earnings Decline (Y-o-Y): -22.5% -EPS (Q4): $0.23 vs. $0.24 last year. -EPS Decline (Y-o-Y): -4.2% -Analysts Estimate: $0.19 -Revenue (Q4): $3.95 Bln vs. $4.39 Bln last year. -Revenue Change (Y-o-Y): -10.0%