| Earnings Scorecard |
| Actual | Estimated* | Year-Ago |
| $0.59 | $0.58 | $0.59
|
 |
Newspaper publisher
McClatchy (MNI Quote - Cramer on MNI - Stock Picks) reported fourth-quarter earnings that beat analysts' expectations by a penny, helped by sales growth in its California and Carolinas markets.
The Sacramento, Calif.-based publisher said fourth-quarter earnings were $26.7 million, or 59 cents a share, compared with $26.5 million, or 59 cents a share, a year ago. According to
First Call/Thomson Financial, five analysts produced a consensus estimate of 58 cents a share for the quarter.
Quarterly sales rose 8.1% to $310 million from $286.7 million last year.
Shares of the company recently climbed 10 cents, or 0.24%, to $41 in morning trading on the Big Board.
Yi Ping Ho
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