Calgon Carbon Corp. Reports 36% Decline In Q4 Profit

(RTTNews) - Calgon Carbon Corp. (CCC) reported earnings for fourth quarter that decreased from last year.

The company said its earnings fell to $7.72 million, or $0.15 per share. This was down from $12.13 million, or $0.23 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.16 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.9% to $130.87 million. This was down from $140.64 million last year.

Calgon Carbon Corp. earnings at a glance:

-Earnings (Q4): $7.72 Mln. vs. $12.13 Mln. last year. -Earnings Decline (Y-o-Y): -36.4% -EPS (Q4): $0.15 vs. $0.23 last year. -EPS Decline (Y-o-Y): -34.8% -Analysts Estimate: $0.16 -Revenue (Q4): $130.87 Mln vs. $140.64 Mln last year. -Revenue Change (Y-o-Y): -6.9%