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Tootsie Roll posts 1Q profit

CHICAGO (AP) _ Tootsie Roll Industries Inc. (TR) on Tuesday reported first-quarter earnings of $10.1 million.

The Chicago-based company said it had net income of 16 cents per share.

The confectionary products maker posted revenue of $103.4 million in the period.

Tootsie Roll shares have fallen slightly since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $38.55, a rise of 12 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 TR at https://www.zacks.com/ap/TR

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Keywords: Tootsie Roll Industries, Earnings Report