FEI Company Q4 Profit Tops View; Issues Q1 Outlook - Quick Facts

(RTTNews) - FEI Company (FEIC) reported that its fourth-quarter net income was $41.3 million, or $0.97 per share, compared to $29.8 million or $0.72 per share, in the comparable quarter last year.

On average, twelve analysts polled by Thomson Reuters expected the company to report profit per share of $0.93 for the quarter. Analysts' estimates typically exclude special items.

Revenue for the latest fourth quarter was $265.29 million, up 15% from $230.95 million in the prior year quarter, while eleven analysts expected revenue of $254.17 million for the quarter.

For the first quarter of 2014, the company expects GAAP earnings per share to be in the range of $0.60 to $0.70 and revenue in the range of $228 million to $238 million. Analysts expect the company to report first-quarter profit per share of $0.86 on revenue of $247.11 million.