Hamilton Beach Brands Holding Co. (HBB) Reports Q4 EPS of $1.09

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Hamilton Beach Brands Holding Company Announces Fourth Quarter And Full Year 2018 Results

March 6, 2019 5:19 PM EST

GLEN ALLEN, Va., March 6, 2019 /PRNewswire/ -- Hamilton Beach Brands Holding Company (NYSE: HBB) today announced revenue of $241.7 million and net income of $15.0 million, or $1.09 per diluted share, for the fourth quarter of 2018 compared with revenue of $265.8 million and net income of $13.8 million, or $1.01 per diluted share, for the fourth quarter of 2017. Net income in 2017 included a $4.7 million charge, or $0.34 per share, related to U.S. tax reform. Operating profit was $21.1 million for the fourth quarter of 2018 compared with $31.0 million for the fourth quarter of 2017. The year-over-year decline in revenue and... More