CORAOPOLIS, Pa. (AP) _ Dick's Sporting Goods Inc. (DKS) on Tuesday reported fiscal fourth-quarter profit of $69.8 million.

On a per-share basis, the Coraopolis, Pennsylvania-based company said it had profit of 81 cents. Earnings, adjusted for restructuring costs, were $1.32 per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The sporting goods retailer posted revenue of $2.61 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $2.55 billion.

For the year, the company reported profit of $297.5 million, or $3.34 per share. Revenue was reported as $8.75 billion.

Dick's expects full-year earnings to be $3.60 to $4 per share.

Dick's shares have dropped 30% since the beginning of the year. The stock has dropped nearly 9% 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 DKS at https://www.zacks.com/ap/DKS

Automated Insights, source Associated Press News