Stewart Enterprises, Inc. (STEI) reported fourth quarter net earnings of $5.9 million or $0.06 per share, compared to a net loss of $35.65 million or $0.39 per share last year.
On average, 4 analysts polled by Thomson Reuters expected the company to report earnings of $0.06 per share. Analysts' estimates typically exclude special items.
Revenues declined to $124.1 million from $130.36 million in the prior year quarter.
Two analysts estimated revenues of $118.31 million.
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