Coach Inc Q4 Profit Climbs 48%

(RTTNews) - Coach Inc (COH) announced earnings for its fourth quarter that advanced from last year.

The company said its bottom line advanced to $126.1 million, or $0.45 per share. This was higher than $85.0 million, or $0.31 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 15.0% to $1.15 billion. This was up from $1.00 billion last year.

Coach Inc earnings at a glance:

-Earnings (Q4): $126.1 Mln. vs. $85.0 Mln. last year. -Earnings Growth (Y-o-Y): 48.4% -EPS (Q4): $0.45 vs. $0.31 last year. -EPS Growth (Y-o-Y): 45.2% -Analysts Estimate: $0.41 -Revenue (Q4): $1.15 Bln vs. $1.00 Bln last year. -Revenue Change (Y-o-Y): 15.0%