HMS Holdings Corp. Q4 adjusted earnings Miss Estimates

(RTTNews) - HMS Holdings Corp. (HMSY) revealed a profit for fourth quarter that dropped from last year.

The company's profit totaled $17.35 million, or $0.20 per share. This compares with $33.39 million, or $0.38 per share, in last year's fourth quarter.

Excluding items, HMS Holdings Corp. reported adjusted earnings of $24.08 million or $0.27 per share for the period.

Analysts had expected the company to earn $0.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.9% to $163.45 million from $155.83 million last year.

HMS Holdings Corp. earnings at a glance:

-Earnings (Q4): $24.08 Mln. vs. $42.27 Mln. last year. -EPS (Q4): $0.27 vs. $0.31 last year. -Analysts Estimate: $0.31 -Revenue (Q4): $163.45 Mln vs. $155.83 Mln last year.