Lannett Q4 Profit Tops View - Quick Facts

(RTTNews) - Lannett Co. Inc. (LCI) Tuesday reported fourth-quarter net income attributable to the company of $23.5 million or $0.64 per share, compared to $3.6 million or $0.12 per share in the comparable quarter last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $0.58 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $80.62 million from $40.17 million last year, while five analysts expected revenues of $79.06 million.

Looking ahead, the company issued fiscal 2015 guidance and currently expects net sales in the range of $350 million to $370 million. Analysts currently expect full-year sales of $349.60 million.