Convergys Corp. Reveals 13% Decline In Q4 Bottom Line

(RTTNews) - Convergys Corp. (CVG) reported a profit for fourth quarter that dropped from last year.

The company said its earnings dropped to $47.6 million, or $0.47 per share. This was down from $54.6 million, or $0.53 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.48 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.8% to $757.9 million. This was up from $751.8 million last year.

Convergys Corp. earnings at a glance:

-Earnings (Q4): $47.6 Mln. vs. $54.6 Mln. last year. -Earnings Decline (Y-o-Y): -12.8% -EPS (Q4): $0.47 vs. $0.53 last year. -EPS Decline (Y-o-Y): -11.3% -Analysts Estimate: $0.48 -Revenue (Q4): $757.9 Mln vs. $751.8 Mln last year. -Revenue Change (Y-o-Y): 0.8%