Sally Beauty Holdings Inc. (SBH) released earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $48.06 million, or $0.46 per share. This compares with $42.58 million, or $0.39 per share, in last year's fourth quarter.
Excluding items, Sally Beauty Holdings Inc. reported adjusted earnings of $52.33 million or $0.50 per share for the period.
Analysts on average had expected the company to earn $0.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.5% to $935.03 million from $921.36 million last year.
Sally Beauty Holdings Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $48.06 Mln. vs. $42.58 Mln. last year.
-EPS (Q4): $0.46 vs. $0.39 last year.
-Revenue (Q4): $935.03 Mln vs. $921.36 Mln last year.
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