Fox Factory Holding: Q4 Earnings Snapshot

DULUTH, Ga. (AP) — DULUTH, Ga. (AP) — Fox Factory Holding Corp. (FOXF) on Thursday reported fourth-quarter net income of $4.1 million.

On a per-share basis, the Duluth, Georgia-based company said it had profit of 10 cents. Earnings, adjusted for one-time gains and costs, were 48 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The vehicle suspension maker posted revenue of $332.5 million in the period, exceeding Street forecasts. Five analysts surveyed by Zacks expected $331.1 million.

For the year, the company reported profit of $120.8 million, or $2.85 per share. Revenue was reported as $1.46 billion.

For the current quarter ending in March, Fox Factory Holding expects its per-share earnings to range from 17 cents to 27 cents.

The company said it expects revenue in the range of $315 million to $350 million for the fiscal first quarter.

Fox Factory Holding expects full-year earnings in the range of $2.30 to $2.60 per share, with revenue ranging from $1.53 billion to $1.68 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 FOXF at https://www.zacks.com/ap/FOXF