CALHOUN, Ga. (AP) — CALHOUN, Ga. (AP) — Mohawk Industries Inc. (MHK) on Thursday reported fourth-quarter earnings of $93.2 million.
The Calhoun, Georgia-based company said it had profit of $1.48 per share. Earnings, adjusted for non-recurring costs, came to $1.95 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.88 per share.
The flooring maker posted revenue of $2.64 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.57 billion.
For the year, the company reported profit of $517.7 million, or $8.14 per share. Revenue was reported as $10.84 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 MHK at https://www.zacks.com/ap/MHK
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