Hostess Brands: 4Q Earnings Snapshot

LENEXA, Kan. (AP) _ Hostess Brands, Inc. (TWNK) on Wednesday reported fourth-quarter earnings of $23.6 million.

On a per-share basis, the Lenexa, Kansas-based company said it had net income of 18 cents. Earnings, adjusted for non-recurring costs, came to 21 cents per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The company posted revenue of $256 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $253.8 million.

For the year, the company reported profit of $64.7 million, or 51 cents per share. Revenue was reported as $1.02 billion.

Hostess Brands expects full-year earnings in the range of 80 cents to 85 cents per share.

Hostess Brands shares have climbed slightly more than 3% since the beginning of the year. The stock has climbed 15% in the last 12 months.

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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 TWNK at https://www.zacks.com/ap/TWNK