Trex Company Inc (TREX) released a profit for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $9.77 million, or $0.09 per share. This compares with $21.95 million, or $0.20 per share, last year.
Analysts on average had expected the company to earn $0.04 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 14.4% to $167.63 million from $195.75 million last year.
Trex Company Inc earnings at a glance (GAAP) :
-Earnings: $9.77 Mln. vs. $21.95 Mln. last year.
-EPS: $0.09 vs. $0.20 last year.
-Revenue: $167.63 Mln vs. $195.75 Mln last year.
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