Bob Evans Farms Reveals 28% Rise In Q4 Earnings

(RTTNews) - Bob Evans Farms (BOBE) reported a profit for its fourth quarter that increased from last year.

The company said its bottom line rose to $12.2 million, or $0.61 per share. This was up from $9.5 million, or $0.48 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.3% to $313.40 million. This was down from $345.59 million last year.

Bob Evans Farms earnings at a glance:

-Earnings (Q4): $12.2 Mln. vs. $9.5 Mln. last year. -Earnings Growth (Y-o-Y): 28.4% -EPS (Q4): $0.61 vs. $0.48 last year. -EPS Growth (Y-o-Y): 27.1% -Analysts Estimate: $0.42 -Revenue (Q4): $313.40 Mln vs. $345.59 Mln last year. -Revenue Change (Y-o-Y): -9.3%

-Guidance: Full year EPS guidance: $2.06 - $2.24