Kate Spade & Company Reports Q3 Profit From Cont. Ops. - Quick Facts

(RTTNews) - Kate Spade & Company (KATE) reported third-quarter income from continuing operations of $2.6 million or $0.02 per share, compared to a loss of $14.2 million or $0.12 per share, prior year. Adjusted loss per share from continuing operations was $0.05, for the quarter.

On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.02 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $250.42 million from $192.61 million last year. Analysts expected revenue of $253.94 million for the quarter.