Blucora Posts Q4 Loss - Quick Facts

(RTTNews) - Blucora, Inc. (BCOR) Thursday reported fourth-quarter loss of $1.1 million or $0.03 per share, compared to a profit of $3.8 million or $0.04 per share in the same period last year.

Adjusted earnings for the quarter were $18.1 million or $0.40 per share. On average, five analysts polled by Thomson Reuters expected the company to earn $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues jumped 72 percent to $167.3 million from $97.5 million last year. Analysts expected revenues of $158.26 million.

Looking ahead to the first quarter, the company has forecast earnings in the order of $0.49 to $0.54 per share, with adjusted earnings ranging between $1.00 and $1.06 per share.

Revenues are expected to range between $213.0 million and $222.0 million. Analysts currently expect the company to report first-quarter earnings of $1.15 per share on revenues of $223.69 million.