Checkpoint Systems Inc. Q4 Earnings Retreat 48%

(RTTNews) - Checkpoint Systems Inc. (CKP) released a profit for fourth quarter that declined compared to the same period last year.

The company said its earnings came in at $5.69 million, or $0.13 per share. This was down from $10.97 million, or $0.26 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.8% to $165.14 million. This was down from $183.11 million last year.

Checkpoint Systems Inc. earnings at a glance:

-Earnings (Q4): $5.69 Mln. vs. $10.97 Mln. last year. -Earnings Decline (Y-o-Y): -48.1% -EPS (Q4): $0.13 vs. $0.26 last year. -EPS Decline (Y-o-Y): -50.0% -Analysts Estimate: $0.15 -Revenue (Q4): $165.14 Mln vs. $183.11 Mln last year. -Revenue Change (Y-o-Y): -9.8%