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Saputo Inc. Q4 adjusted earnings Miss Estimates


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(RTTNews.com) - Saputo Inc. (SAP.TO) revealed earnings for fourth quarter that fell from the same period last year.

The company's bottom line came in at C$130.0 million, or C$0.34 per share. This compares with C$165.2 million, or C$0.42 per share, in last year's fourth quarter.

Excluding items, Saputo Inc. reported adjusted earnings of C$135.3 million or C$0.33 per share for the period.

Analysts had expected the company to earn $0.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to C$2.74 billion from C$2.72 billion last year.

Saputo Inc. earnings at a glance:


-Analysts Estimate: $0.42
-Revenue (Q4): C$2.74 Bln vs. C$2.72 Bln last year.


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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: TRI


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