Alberto-Culver Beats Estimates (ACV) - Virtus AllianzGI (NYSE:ACV)

Melrose Park, Illinois based personal products manufacturer Alberto-Culver Company (NYSE:

) released financial results on Monday morning that beat Wall Street estimates. Alberto-Culver Company announced that its fiscal 4th quarter net earnings rose to $41.35 million, up from $31.66 million a year earlier. Excluding special items, the company reported earnings from continuing operations of 46 cents per share. Revenue rose to $431.88 million, up from $385.19 million a year earlier. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 40 cents per share, on revenue of $429.51 million. Alberto-Culver Company (

ACV

) finished the previous trading day at $37.29 per share. The consensus price target of analysts covering the company's stock is $35.95 per share. Read more

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