International Shipholding Q4 Profit Tumbles - Quick Facts [ISH]

Wednesday, International Shipholding Corp. (ISH) reported net income for the fourth quarter of $3.4 million, lower than $22.4 million in the same quarter last year.

Net income available to common stockholders for the latest quarter was $2.81 million, down from $21.76 million in the previous year quarter.

On a per share basis, earnings available to common stockholders for the fourth quarter were $0.40, compared to $2.75 in last year quarter.

Earnings available to common stockholders continuing operations for the latest quarter were $0.41 per share, down from $2.42 per share in the prior year quarter.

Quarterly revenues rose to $51.9 million from $47.3 million in the corresponding quarter previous year.

Source:RamblerNews