MIDDLETON, Wis. (AP) _ Spectrum Brands Holdings, Inc. (SPB) on Friday reported fiscal fourth-quarter net income of $45.4 million, after reporting a loss in the same period a year earlier.
The Middleton, Wisconsin-based company said it had net income of $1.05 per share. Earnings, adjusted for one-time gains and costs, came to $1.72 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The holding company posted revenue of $1.17 billion in the period.
For the year, the company reported profit of $97.8 million, or $2.18 per share. Revenue was reported as $3.96 billion.
HRG shares have decreased 1% since the beginning of the year. The stock has climbed 24% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPB at https://www.zacks.com/ap/SPB
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