Imperial Sugar Company Reports Fourth Quarter EPS of $0.19

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Imperial Sugar Company
IPSU
today reported a net loss for the fiscal fourth quarter ended September 30, 2010 of $2.3 million, or $0.19 per share, compared to a net loss from continuing operations of $0.2 million, or $0.02 per share, for the same period in fiscal 2009. For the year, the Company reported net income of $136.9 million, or $11.33 per share, compared to a loss from continuing operations of $23.8 million, or $2.03 per share, for fiscal 2009. The current year results include pretax gains resulting from the settlement of insurance claims totaling $278.5 million.
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Posted In: EarningsNewsConsumer StaplesPackaged Foods & Meats
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