Temple-Inland Inc. (TIN) reported fourth-quarter net income attributable to the company of $38 million compared to a loss of $6 million last year. Earnings per share was $0.34 compared to a loss of $0.06 per share prior year.
Net loss, per share, excluding special items, was $0.07 compared to profit of $0.11 per share last year.
On average, 11 analysts polled by Thomson Reuters expected the company to report profit of $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues decreased to $845 million from $973 million last year. Analysts expected revenue of $836.33 million for the quarter.
For comments and feedback: editorial@rttnews.com