20.02.2014 00:34:15

Dealertrack Technologies Posts Q4 Loss - Quick Facts

(RTTNews) - Dealertrack Technologies, Inc. (TRAK) Wednesday reported fourth-quarter loss of $3.7 million or $0.08 per share, compared to a profit of $0.5 million or $0.01 per share in the same period last year.

Adjusted earnings for the quarter were $12.4 million or $0.27 per share. On average, nine analysts polled by Thomson Reuters expected the company to earn $0.27 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $126.1 million from $101.8 million last year. Analysts expected revenues of $123.17 million.

Looking ahead to the fiscal year 2014, the company has forecast loss in a range of $0.24 to $0.13 per share, with adjusted earnings ranging between $1.42 and $1.53 per share.

Revenues are expected to be in a range of $800.0 million to $816.0 million. Analysts currently expect the company to report full-year earnings of $1.41 per share on revenues of $561.82 million.

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