CoreLogic Q4 Loss Narrows

(RTTNews) - CoreLogic (CLGX), a provider of information, analytics and business services, Tuesday posted fourth-quarter net loss attributable to the company of $13.1 million or $0.13 per share, narrower than $14.7 million or $0.15 per share in the comparable quarter last year.

Adjusted earnings per share for the latest fourth quarter were $0.23, down from $0.38 per share last year. On average, six analysts polled by Thomson Reuters expected the company to earn $0.36 per share for the quarter. Analysts' estimates typically exclude special items.

Operating revenue declined to $311.92 million from $334.03 million in the year-ago period. Analysts expected revenues of $377.35 million.

For fiscal 2014, the company expects adjusted earnings to be in the range of $1.40 per share to $1.55 per share, with revenue in the order of $1.35 billion to $1.40 billion. Analysts now expect earnings of $1.88 per share on revenue of $1.61 billion.