ELGIN, Ill. (AP) _ Heritage-Crystal Clean Inc. (HCCI) on Monday reported a fourth-quarter loss of $2.2 million, after reporting a profit in the same period a year earlier.
The Elgin, Illinois-based company said it had a loss of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 32 cents per share.
The cleaning and waste-management company posted revenue of $138.8 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $133.5 million.
For the year, the company reported profit of $8.4 million, or 36 cents per share. Revenue was reported as $444.4 million.
Heritage-Crystal Clean shares have decreased 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $27.94, a rise of 12% in the last 12 months.