Rentech Posts Q4 Loss

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Rentech has reported a quarterly loss in its Q4 and 2012 results.For the quarter, total revenues were $92.5 million, up sharply from the $63.1 million in the same period the previous year. Attributable net, however, swung to a loss of $3.8 million ($0.02 per diluted share) from Q4 2011's bottom-line profit of $2.3 million ($0.01).

On average, analysts had been expecting revenue of $91.7 million and a per-share profit of of $0.02.

For the full year, the top line at the agribusiness company was $261.9 million, or 31% higher than 2011's $200.1 million. But net profit was notably weaker, landing at $6.8 million ($0.03 per diluted share) against the previous year's $11.5 million ($0.05).

The article Rentech Posts Q4 Loss originally appeared on Fool.com.

Fool contributor Eric Volkman and The Motley Fool have no position in Rentech. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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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