DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — National Vision Holdings Inc. (EYE) on Wednesday reported fourth-quarter net income of $3.3 million.
On a per-share basis, the Duluth, Georgia-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The discount optical retailer and eye care provider posted revenue of $503.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $499.4 million.
For the year, the company reported profit of $29.6 million, or 37 cents per share. Revenue was reported as $1.99 billion.
National Vision expects full-year earnings in the range of 85 cents to $1.09 per share, with revenue in the range of $2.03 billion to $2.09 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EYE at https://www.zacks.com/ap/EYE
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