SAN FRANCISCO (Thomson Financial) - Interline Brands Inc. late Monday
reported first-quarter net earnings of $8.67 million, or 27 cents a share, below
the 30-cent mean estimate of analysts polled buy Thomson Reuters.
In the comparable period a year ago, the company posted a net profit of
$9.44 million, or 29 cents a share.
Revenue slipped 2.1% to $289.1 million from $295.4 million, below the $300
million consensus estimate.
The Jacksonville, Fla.-based distributor of maintenance, repair and
operations products expects second-quarter earnings of 30 cents to 35 cents a
share, and full-year 2008 earnings of $1.45 to $1.61 a share.
Analysts are looking for a second-quarter per-share profit of 40 cents and a
2008 per-share profit of $1.65.
Shares of Interline closed at $19.51.
Gabriel Madway
gm
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