13.02.2018 14:15:57
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Tower International Posts Loss In Q4, Sees 9% Increase In FY18 Earnings
(RTTNews) - Tower International Inc. (TOWR) Tuesday reported a fourth quarter net loss attributable to the company of $3.867 million compared to $16.88 million in the prior year. On a per share basis, loss was $0.19, compared to profit of $0.83 a year ago.
Revenue for the quarter increased to $538.16 million from $462.27 million a year ago.
Looking ahead to the full year 2018, the company expects earnings per share of $4.10, up 9 percent from the prior year. Revenue is expected to grow 7 percent to $2.14 billion.
![](https://images.finanzen.at/images/unsortiert/wertpapierdepot-absichern-aktienchart-boerse-750493204-260.jpg)
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