logo
Share SHARE
FONT-SIZE Plus   Neg

Finish Line Q4 Profit Grows - Quick Facts

Finish Line Inc. (FINL) posted higher fourth-quarter net income of $41.92 million or $0.80 per share compared with $34.25 million or $0.63 per share last year.

On a non-GAAP basis, net profit improved to $42.52 million or $0.81 per share from the prior-year quarter's $35.02 million or $0.65 per share. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.81 for the quarter. Analysts' estimates typically exclude one-time items.

Consolidated net sales, inclusive of Finish Line and The Running Company, rose 18.6% to $456.3 million from $384.6 million in the earlier year quarter. Ten analysts estimated revenues of $432.62 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations. British drug maker AstraZeneca Plc reported Friday higher profit in its first quarter, reflecting lower charges and higher revenues. US and emerging markets performed well. Looking ahead, for fiscal 2016, the company continues to expect both revenue and earnings per share to decline a low to mid single-digit percentage at constant exchange rates. International Consolidated Airlines Group S.A. Friday reported profit for the first quarter, compared to loss in the prior year, mainly reflecting higher passenger revenues and increased capacity. For fiscal 2016, IAG still expects to generate an absolute operating profit increase similar to 2015 as it expects to reduce underlying ex-fuel unit costs by around one percent.
comments powered by Disqus
Follow RTT