Fuller Smith & Turner PLC said its normalized net income for the fiscal second half ended March 28 was 19 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 23 pence per share.
EPS climbed 6.8% year over year from 18 pence.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £10.6 million, a gain of 6.0% from £10.0 million in the year-earlier period.
Total revenue increased 12.8% year over year to £159.9 million from £141.7 million, and total operating expenses increased 14.3% from the prior-year period to £140.3 million from £122.8 million.
Reported net income rose 10.0% on an annual basis to £14.3 million, or 25 pence per share, from £13.0 million, or 23 pence per share.
For the year, the company's normalized net income totaled 41 pence per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 49 pence.
EPS rose 7.8% from 38 pence in the prior year.
Normalized net income was £22.9 million, an increase of 7.2% from £21.3 million in the prior year.
Full-year total revenue rose 11.6% on an annual basis to £321.5 million from £288.0 million, and total operating expenses grew 12.5% year over year to £279.2 million from £248.1 million.
The company said reported net income decreased on an annual basis to £28.4 million, or 50 pence per share, in the full year, from £29.1 million, or 51 pence per share.