VCA Antech Turns To Profit In Q4; Issues FY14 Outlook - Quick Facts

(RTTNews) - VCA Antech Inc. (WOOF) reported that its fourth quarter net income attributable to the company was $24.7 million or $0.28 per share, compared to net loss of $58.1 million or $0.66 per share in the same quarter last year.

Adjusted income attributable to the company for the latest quarter was $24.7 million or $0.28 per share, up from $21.2 million or $0.24 per share in the comparable quarter last year.

On average, twelve analysts polled by Thomson Reuters expected the company to report earnings of $0.31 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenue for the quarter rose 4.1% to $435.45 million from $418.19 million in the prior year quarter, while nine analysts had consensus revenue estimate of $445.49 million for the quarter.

Looking ahead to fiscal 2014, the company expects earnings in the range of $1.62 per share to $1.72 per share, adjusted earnings excluding amortization of $1.77 per share to $1.87 per share and revenue in the order of $1.9 billion to $1.925 billion. Analysts currently expect earnings of $1.84 per share on revenue of $1.92 billion.