RTTNews | Mar 2, 2021 07:42AM EST

07:41 Tuesday, March 2, 2021 (RTTNews.com) - Abercrombie & Fitch Co. (ANF) revealed earnings for fourth quarter that dropped from last year.

The company's profit totaled $82.39 million, or $1.27 per share. This compares with $83.13 million, or $1.29 per share, in last year's fourth quarter.

Excluding items, Abercrombie & Fitch Co. reported adjusted earnings of $97.33 million or $1.50 per share for the period.

Analysts had expected the company to earn $1.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.1% to $1.12 billion from $1.18 billion last year.

Abercrombie & Fitch Co. earnings at a glance:

-Earnings (Q4): $97.33 Mln. vs. $83.89 Mln. last year.-EPS (Q4): $1.50 vs. $1.31 last year.-Analysts Estimate: $1.22-Revenue (Q4): $1.12 Bln vs. $1.18 Bln last year.

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