Innophos Holdings Inc. (IPHS) reported that its fourth-quarter net income was $20.95 million or $0.93 per share, up from $19.26 million or $0.86 per share in the same quarter last year.
Excluding the fourth quarter water duties and currency translation items, fourth quarter 2011 earnings per share was $0.88 compared to $0.89 for the 2010 fourth quarter.
Net sales for the quarter rose to $209.16 million from $192.22 million in the prior year quarter.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.88 per share on revenues of $218.15 million for the quarter. Analysts' estimates typically exclude special items.
The company expects 2012 Specialty Phosphates volume growth to be in line with the 4-6% long term expectation driven by product innovation and geographic growth.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.