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Spartan Motors reported fourth quarter profit

Spartan Motors reported fourth quarter profit

CHARLOTTE, Mich. — Spartan Motors Inc. reported fourth-quarter profit of $2.4 million.

The Charlotte, Michigan-based company said it had profit of 7 cents per share. Earnings, adjusted for pretax expenses and costs related to mergers and acquisitions, came to 11 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

Read the full story from Yahoo News.

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About Rebecca Smith

Rebecca Smith is a Wisconsin native currently living in Illinois with her husband, Eric, and two dogs, Maggie and Grace. She enjoys hiking, biking, kayaking and, of course, camping in cabins and park models.

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