Beacon Roofing Supply Inc. Q4 Income Climbs 56%

(RTTNews) - Beacon Roofing Supply Inc. (BECN) announced a profit for its fourth quarter that advanced from last year.

The company said its bottom line came in at $37.79 million, or $0.75 per share. This was higher than $24.21 million, or $0.48 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.69 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.4% to $787.73 million. This was up from $726.49 million last year.

Beacon Roofing Supply Inc. earnings at a glance:

-Earnings (Q4): $37.79 Mln. vs. $24.21 Mln. last year. -Earnings Growth (Y-o-Y): 56.1% -EPS (Q4): $0.75 vs. $0.48 last year. -EPS Growth (Y-o-Y): 56.2% -Analysts Estimate: $0.69 -Revenue (Q4): $787.73 Mln vs. $726.49 Mln last year. -Revenue Change (Y-o-Y): 8.4%