AP NEWS

Anixter International: 4Q Earnings Snapshot

January 29, 2019

GLENVIEW, Ill. (AP) _ Anixter International Inc. (AXE) on Tuesday reported fourth-quarter net income of $41.8 million.

On a per-share basis, the Glenview, Illinois-based company said it had net income of $1.22. Earnings, adjusted for one-time gains and costs, came to $1.53 per share.

The maker of security products, wires and fasteners posted revenue of $2.12 billion in the period.

For the year, the company reported profit of $156.3 million, or $4.58 per share. Revenue was reported as $8.4 billion.

Anixter International shares have climbed 12 percent since the beginning of the year. The stock has declined 24 percent in the last 12 months.

_____

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

AP RADIO
Update hourly