AK Steel Holding Corp. Bottom Line Advances 106% In Q4

(RTTNews) - AK Steel Holding Corp. (AKS) announced earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $53.8 million, or $0.30 per share. This was higher than $26.1 million, or $0.14 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 23.0% to $1.54 billion. This was down from $2.00 billion last year.

AK Steel Holding Corp. earnings at a glance:

-Earnings (Q4): $53.8 Mln. vs. $26.1 Mln. last year. -Earnings Growth (Y-o-Y): 106.1% -EPS (Q4): $0.30 vs. $0.14 last year. -EPS Growth (Y-o-Y): 114.3% -Analysts Estimate: $0.01 -Revenue (Q4): $1.54 Bln vs. $2.00 Bln last year. -Revenue Change (Y-o-Y): -23.0%