Vera Bradley: Fiscal Q4 Earnings Snapshot

ROANOKE, Ind. (AP) _ Vera Bradley Inc. (VRA) on Wednesday reported fiscal fourth-quarter net income of $7.9 million.

The Roanoke, Indiana-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs, came to 31 cents per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The handbag and accessories company posted revenue of $142.4 million in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $152.7 million.

For the year, the company reported profit of $8.7 million, or 26 cents per share. Revenue was reported as $468.3 million.

Vera Bradley expects full-year earnings to be 80 cents to 90 cents per share, with revenue in the range of $550 million to $575 million.

Vera Bradley shares have climbed 39% since the beginning of the year. The stock has increased 52% 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 VRA at https://www.zacks.com/ap/VRA