ANNAPOLIS JUNCTION, Md. (AP) _ Colfax Corp. (CFX) on Friday reported a fourth-quarter loss of $16.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Annapolis Junction, Maryland-based company said it had a loss of 12 cents. Earnings, adjusted to account for discontinued operations and restructuring costs, came to 61 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The manufacturing and engineering company posted revenue of $888.4 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $882.2 million.

For the year, the company reported a loss of $527.6 million, or $3.89 per share, swinging to a loss in the period. Revenue was reported as $3.33 billion.

Colfax expects full-year earnings in the range of $2.10 to $2.20 per share.

Colfax shares have increased roughly 1% since the beginning of the year. The stock has risen 35% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CFX at https://www.zacks.com/ap/CFX

Automated Insights, source Associated Press News