UPDATE: Synutra International (SYUT) Misses Q4 EPS by 5c; Guides FY13 Revs; Shares Lower

June 14, 2012 4:02 PM EDT Send to a Friend
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(Updated - June 14, 2012 4:26 PM EDT)

Synutra International (NASDAQ: SYUT) reported Q4 EPS of $0.13, $0.05 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $85.37 million versus the consensus estimate of $99.22 million.

Sees FY2013 revenue of $400-$420 million, versus the consensus of $408.80 million.

UPDATE - Shares are down 4.5 percent in after hours trading Thursday.

"We are pleased to achieve profitability for the first full fiscal year 2012 since the 2008 melamine crisis with net income attributable to common stockholders of $16.7 million, or $0.29 per diluted share," commented CEO Liang Zhang. "Quality and consumer confidence remain key issues within our industry. However, we believe our ability to regain sustained profitability after overcoming multiple industry challenges demonstrates the long term potential of Synutra."

For earnings history and earnings-related data on Synutra International (SYUT) click here.


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