Rouse Properties Inc. Profit Rises 24% In Q4

(RTTNews) - Rouse Properties Inc. (RSE) announced earnings for its fourth quarter that rose compared to the same period last year.

The company said its bottom line climbed to $33.47 million, or $0.58 per share. This was higher than $26.99 million, or $0.46 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $84.86 million. This was up from $81.72 million last year.

Rouse Properties Inc. earnings at a glance:

-Earnings (Q4): $33.47 Mln. vs. $26.99 Mln. last year. -Earnings Growth (Y-o-Y): 24.0% -EPS (Q4): $0.58 vs. $0.46 last year. -EPS Growth (Y-o-Y): 26.1% -Analysts Estimate: $0.56 -Revenue (Q4): $84.86 Mln vs. $81.72 Mln last year. -Revenue Change (Y-o-Y): 3.8%