Unisys Corp. Q4 adjusted earnings Beat Estimates

(RTTNews) - Unisys Corp. (UIS) announced a profit for fourth quarter that fell from last year.

The company's earnings came in at $25.0 million, or $0.41 per share. This compares with $50.5 million, or $0.76 per share, in last year's fourth quarter.

Excluding items, Unisys Corp. reported adjusted earnings of $71.5 million or $0.97 per share for the period.

Analysts had expected the company to earn $0.66 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $760.9 million from $744.8 million last year.

Unisys Corp. earnings at a glance:

-Earnings (Q4): $71.5 Mln. vs. $126.9 Mln. last year. -EPS (Q4): $0.97 vs. $1.75 last year. -Analysts Estimate: $0.66 -Revenue (Q4): $760.9 Mln vs. $744.8 Mln last year.