13.02.2015 12:58:38
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WABCO Holdings Q4 EPS On A Performance Basis Tops View - Quick Facts
(RTTNews) - WABCO Holdings Inc. (WBC) reported that its fourth-quarter net income attributable to company plunged to $65.1 million or $1.10 per share, from $416.3 million or $6.65 per share in the comparable quarter last year.
Earnings per share on a performance basis rose to $1.38 from $1.29 last year. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $1.36 for the quarter. Analysts' estimates typically exclude special items.
Sales for the latest fourth quarter declined to $679.1 million from $720.5 million, a year ago. Analysts expected revenue of $705.01 million for the quarter.
WABCO expects full-year 2015 earnings on a performance basis to range from $5.80 to $6.30 per share and earnings per share on a U.S. GAAP basis to range from $5.09 to $5.59. The company expects full year sales growth to range from 6 to 11 percent in local currencies. Analysts expect the company to report full year profit per share of $6.22.
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