Nautilus Inc. (NLS: Quote) announced its preliminary, unaudited results for the fourth quarter and year ended December 31, 2012.
Nautilus expects to report net sales of approximately $65.0 million for the fourth quarter of 2012, an increase of 8.4% compared to the fourth quarter of 2011. Earnings per share from continuing operations are estimated to be in the range of $0.21 – $0.23 for the fourth quarter of 2012, compared to $0.11 per share for the fourth quarter of 2011. Analysts polled by Thomson Reuters expect the company to report earnings of $0.19 per share on revenues of $62.28 million for the fourth-quarter. Analysts’ estimates typically exclude special items.
For the full year 2012, net sales are expected to approximate $194.0 million, an increase of 7.5% compared to 2011. Earnings per share from continuing operations on a full year basis are expected to be in the range of $0.32 – $0.34 in 2012, versus $0.08 per share in 2011. Analysts expect the company to report earnings of $0.29 per share on revenues of $191.18 for fiscal 2012.
Nautilus said it plans to release its full operating results for the fourth quarter and full year 2012 in early March 2013.
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by RTT Staff Writer
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