WD-40 Co (WDFC) released earnings for fourth quarter that dropped from last year.
The company's profit came in at $8.4 million, or $0.61 per share. This compares with $19.6 million, or $1.42 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.2% to $115.2 million from $111.6 million last year.
WD-40 Co earnings at a glance:
-Earnings (Q4): $8.4 Mln. vs. $19.6 Mln. last year.
-EPS (Q4): $0.61 vs. $1.42 last year.
-Analysts Estimate: $1.23
-Revenue (Q4): $115.2 Mln vs. $111.6 Mln last year.
-Guidance:
Next quarter EPS guidance: $5.24-$5.38
Next quarter revenue guidance: $522-$542 Mln
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