National Beverage Corp. said its normalized net income for the fiscal second quarter ended Nov. 1 amounted to 26 cents per share, compared with the S&P Capital IQ consensus estimate of 29 cents per share.
EPS rose year over year from 25 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $12.3 million, an increase from $11.9 million in the second quarter ended Oct. 26, 2013.
The normalized profit margin rose to 7.5% from 7.1% in the year-earlier period.
Total revenue declined year over year to $163.6 million from $167.7 million, and total operating expenses declined from the prior-year period to $143.8 million from $148.5 million.
Reported net income grew on an annual basis to $13.0 million, or 28 cents per share, from $12.6 million, or 27 cents per share.
