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Raven Industries: Fiscal 4Q Earnings Snapshot

SIOUX FALLS, S.D. (AP) _ Raven Industries Inc. (RAVN) on Wednesday reported fiscal fourth-quarter net income of $3 million.

The Sioux Falls, South Dakota-based company said it had net income of 8 cents per share. Earnings, adjusted for non-recurring costs, came to 11 cents per share.

The industrial products maker posted revenue of $88 million in the period.

For the year, the company reported profit of $51.8 million, or $1.42 per share. Revenue was reported as $406.7 million.

Raven Industries shares have risen nearly 7 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $38.59, a rise of almost 9 percent 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 RAVN at https://www.zacks.com/ap/RAVN