Elizabeth Arden Posts Q4 Loss - Quick Facts

(RTTNews) - Elizabeth Arden, Inc. (RDEN) reported a fourth-quarter net loss of $5.01 million or $0.17 per share, compared to profit of $3.63 million or $0.12 per share, last year. Adjusted net income for the quarter was $3.12 million or $0.10 per share.

On average, nine analysts polled by Thomson Reuters expected the company to report profit per share of $0.33 for the quarter. Analysts' estimates typically exclude special items.

Net sales rose to $267.58 million, from $265.53 million last year. Analysts expected revenue of $289.86 million for the quarter.

For the full fiscal year ending June 30, 2014, the company expects net sales to increase by 3.0% to 5.0%, including an expected unfavorable impact from foreign currency of approximately 1.0%, as compared to the prior year period, and for earnings per share to be in the range of $2.15 to $2.30. Analysts expect the company to report fiscal year profit per share of $2.85.

For the first quarter of fiscal 2014 ending September 30, 2013, the Company expects sales to be flat to down 1% in comparison to the prior year period, including an unfavorable impact from foreign currency translation of approximately 1.0%, and for adjusted earnings per share to be in the range of $0.13 to $0.18. Analysts expect the company to report first quarter profit per share of $0.50.