Heska: Q4 Earnings Snapshot

LOVELAND, Colo. (AP) — LOVELAND, Colo. (AP) — Heska Corp. (HSKA) on Tuesday reported a loss of $4.2 million in its fourth quarter.

On a per-share basis, the Loveland, Colorado-based company said it had a loss of 41 cents. Earnings, adjusted for one-time gains and costs, were 55 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share.

The maker of veterinary products posted revenue of $66.3 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $64 million.

For the year, the company reported that its loss widened to $19.9 million, or $1.92 per share. Revenue was reported as $257.3 million.

Heska expects full-year revenue in the range of $278 million to $288 million.


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

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