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

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