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Phibro: Fiscal Q4 Earnings Snapshot
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TEANECK, N.J. (AP) — TEANECK, N.J. (AP) — Phibro Animal Health Corp. (PAHC) on Wednesday reported fiscal fourth-quarter earnings of $21.7 million.

The Teaneck, New Jersey-based company said it had profit of 53 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 85 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.

The maker of animal health products and nutritional supplements posted revenue of $396.7 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $366.1 million.

For the year, the company reported profit of $99.7 million, or $2.43 per share. Revenue was reported as $1.52 billion.

Phibro expects full-year revenue in the range of $1.55 billion to $1.6 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAHC at https://www.zacks.com/ap/PAHC

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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