Tesoro Corporation Bottom Line Rises 18% In Q4

(RTTNews) - Tesoro Corporation (TSO) revealed a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line advanced to $221 million, or $1.83 per share. This was up from $188 million, or $1.47 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.08 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 25.8% to $6.27 billion. This was down from $8.45 billion last year.

Tesoro Corporation earnings at a glance:

-Earnings (Q4): $221 Mln. vs. $188 Mln. last year. -Earnings Growth (Y-o-Y): 17.6% -EPS (Q4): $1.83 vs. $1.47 last year. -EPS Growth (Y-o-Y): 24.5% -Analysts Estimate: $2.08 -Revenue (Q4): $6.27 Bln vs. $8.45 Bln last year. -Revenue Change (Y-o-Y): -25.8%