Standex International Corp Q4 Earnings Advance 1%

(RTTNews) - Standex International Corp (SXI) announced a profit for its fourth quarter that increased compared to the same period last year.

The company said its bottom line totaled $16.81 million, or $1.31 per share. This was higher than $16.63 million, or $1.30 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.0% to $193.78 million. This was down from $199.78 million last year.

Standex International Corp earnings at a glance:

-Earnings (Q4): $16.81 Mln. vs. $16.63 Mln. last year. -Earnings Growth (Y-o-Y): 1.1% -EPS (Q4): $1.31 vs. $1.30 last year. -EPS Growth (Y-o-Y): 0.8% -Analysts Estimate: $1.35 -Revenue (Q4): $193.78 Mln vs. $199.78 Mln last year. -Revenue Change (Y-o-Y): -3.0%