Tootsie Roll Industries' Earnings Beat Last Year's by 15%

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Tootsie Roll Industries (NYS: TR) filed its 10-K on Feb. 29. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Tootsie Roll Industries beat expectations on revenues and met expectations on earnings per share.

Compared to the prior-year quarter, revenue improved and GAAP earnings per share grew significantly.

Margins expanded across the board.

Revenue details
Tootsie Roll Industries reported revenue of $117.8 million. The one analyst polled by S&P Capital IQ expected revenue of $112.5 million on the same basis. GAAP reported sales were 8.8% higher than the prior-year quarter's $118.9 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Non-GAAP EPS came in at $0.15. The one earnings estimate compiled by S&P Capital IQ predicted $0.15 per share on the same basis. GAAP EPS of $0.19 for Q4 were 27% higher than the prior-year quarter's $0.15 per share.

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Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 32.8%, 270 basis points better than the prior-year quarter. Operating margin was 9.1%, 180 basis points better than the prior-year quarter. Net margin was 8.8%, 130 basis points better than the prior-year quarter.

Investor sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 111 members out of 155 rating the stock outperform, and 44 members rating it underperform. Among 44 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 28 give Tootsie Roll Industries a green thumbs-up, and 16 give it a red thumbs-down.

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At the time this article was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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