Fortress Investment Group LLC Profit Declines 11% In Q4

(RTTNews) - Fortress Investment Group LLC (FIG) revealed earnings for fourth quarter that retreated from last year.

The company said its profit totaled $54 million, or $0.20 per share. This was lower than $61 million, or $0.23 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 8.8% to $415 million. This was down from $455 million last year.

Fortress Investment Group LLC earnings at a glance:

-Earnings (Q4): $54 Mln. vs. $61 Mln. last year. -Earnings Decline (Y-o-Y): -11.5% -EPS (Q4): $0.20 vs. $0.23 last year. -EPS Decline (Y-o-Y): -13.0% -Revenue (Q4): $415 Mln vs. $455 Mln last year. -Revenue Change (Y-o-Y): -8.8%