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A.M. Castle Q4 Loss Widens - Quick Facts

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A.M. Castle & Co. (CAS: Quote) Thursday posted a wider fourth-quarter loss of $12.0 million, or a loss of $0.52 per share, compared to last year's loss of $1.5 million, or a loss of $0.07 per share. Adjusted earnings in the recent quarter were $784 thousand, or $0.03 per share.

Four analysts polled by Thomson Reuters estimated earnings of $0.12 per share. Analysts' estimates usually exclude special items.

Quarterly net sales jumped to $282.2 million from $235.6 million, with the Metals segment sales rising 20.4 percent and the Plastics segment registering a 14.1 percent revenue growth. Four analysts polled by Thomson Reuters estimated revenues of $270.58 million.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Here is a quick summary of the earnings reported after the bell on Nov 19. Keurig Green Mountain, Inc. (GMCR) reported net income for the fourth quarter of $141.1 million or $0.86 per share, compared to $127.0 million or $0.83 per share for the year-ago quarter. Excluding items, adjusted net... Women's apparel retailer L Brands, Inc. said Wednesday that its third quarter profit rose 43% from last year, as sales increased 7%. The company's quarterly earnings per share also came in above analysts' expectations. At the same time, the company forecasts fourth quarter earnings below analysts' current consensus estimate, but once again raised its full year earnings outlook. PetSmart, Inc. said Tuesday after the markets closed that its third quarter profit remained essentially flat with last year, as higher costs and expenses offset a 2.6% increase in sales. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly sales.
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