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Article: NCI Building Systems Reports 39% Growth in Fourth-Quarter Earnings Per Diluted Share to $1.33 and 70% Growth in Adjusted Earnings Per Diluted Share to $1.41.
- Article from:
- PR Newswire
- Article date:
- December 7, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fourth-Quarter Sales Increase 46%
Earnings Guidance Established for Fiscal 2007 in Range of $4.55 to $4.80 Per Diluted Share, 25% to 32% Above Fiscal 2006
HOUSTON, Dec. 6 /PRNewswire-FirstCall/ -- NCI Building Systems, Inc. today announced financial results for the fourth quarter and fiscal year ended October 29, 2006. Sales increased 46% to a record $498.5 million for the fourth quarter from $341.5 million for the fourth quarter of fiscal 2005. Net income for the fourth quarter of fiscal 2006 was $28.0 million, or $1.33 per diluted share, which included a $0.02 expense related to the adoption of FAS 123(R) and an $0.08 dilutive impact from NCI's ...