CSW INDUSTRIALS, INC. Q4 Profit Increases, Beats Estimates

CSW INDUSTRIALS, INC. (CSWI) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's earnings totaled $35.06 million, or $2.08 per share. This compares with $31.76 million, or $2.04 per share, last year.

Excluding items, CSW INDUSTRIALS, INC. reported adjusted earnings of $37.70 million or $2.24 per share for the period.

Analysts on average had expected the company to earn $2.22 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 9.3% to $230.54 million from $210.85 million last year.

CSW INDUSTRIALS, INC. earnings at a glance (GAAP) :

-Earnings: $35.06 Mln. vs. $31.76 Mln. last year.
-EPS: $2.08 vs. $2.04 last year.
-Revenue: $230.54 Mln vs. $210.85 Mln last year.

by RTTNews Staff Writer

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