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CoreLogic Q4 Net Loss Narrows; Reconfirms FY12 Guidance - Quick Facts

CoreLogic, Inc. (CLGX) reported that its fourth-quarter net loss attributable to the company narrowed to $14.14 million or $0.13 per share, from $27.74 million or $0.24 per share in the same quarter last year.

Operating revenue for the quarter rose to $345.40 million from $315.37 million in the prior year quarter. Analysts polled by Thomson Reuters expected the company to report revenues of $330.68 million for the quarter. Analysts' estimates typically exclude special items.

The company reconfirmed its guidance for 2012. The company still expects adjusted earnings in a range of $0.95 to $1.05 and adjusted revenue of $1.425 billion to $1.475 billion for fiscal year 2012. Analysts expect the company to report earnings of $0.95 per share on revenues of $1.47 billion for fiscal 2012.

by RTTNews Staff Writer

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