Unit Corp. Earnings Decline In Q4

(RTTNews) - Unit Corp. (UNT) announced a profit for fourth quarter that dropped from last year.

The company said its earnings totaled $11.30 million, or $0.22 per share. This was down from $12.21 million, or $0.23 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 rose 17.5% to $204.85 million. This was up from $174.28 million last year.

Unit Corp. earnings at a glance:

-Earnings (Q4): $11.30 Mln. vs. $12.21 Mln. last year. -Earnings Decline (Y-o-Y): -7.5% -EPS (Q4): $0.22 vs. $0.23 last year. -EPS Decline (Y-o-Y): -4.3% -Analysts Estimate: $0.19 -Revenue (Q4): $204.85 Mln vs. $174.28 Mln last year. -Revenue Change (Y-o-Y): 17.5%