trending Market Intelligence /marketintelligence/en/news-insights/trending/5uDe-xaN8f6G2puHbK2XAA2 content esgSubNav
In This List

CSS Industries fiscal Q4 loss narrows YOY

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


CSS Industries fiscal Q4 loss narrows YOY

4067853 said its normalized net income for the fiscal fourth quarter ended March 31 amounted to a loss of 13 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 14 cents per share.

The per-share loss narrowed 7.6% year over year from 14 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $1.2 million, compared with a loss of $1.3 million in the year-earlier period.

Total revenue fell year over year to $53.7 million from $54.6 million, and total operating expenses declined year over year to $55.6 million from $56.5 million.

Reported net income totaled a loss of $1.4 million, or a loss of 15 cents per share, compared to a loss of $1.6 million, or a loss of 17 cents per share, in the year-earlier period.

For the year, the company's normalized net income totaled $1.84 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $1.84.

EPS was $1.83 in the prior year.

Normalized net income was $17.3 million, compared with $17.3 million in the prior year.

Full-year total revenue decreased from the prior-year period to $313.0 million from $320.5 million, and total operating expenses fell on an annual basis to $285.3 million from $292.5 million.

he company said reported net income fell 8.9% year over year to $16.9 million, or $1.80 per share, in the full year, from $18.6 million, or $1.97 per share.CSS Industries Inc.

4067853 said its normalized net income for the fiscal fourth quarter ended March 31 amounted to a loss of 13 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 14 cents per share.