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Anixter International: 4Q Earnings Snapshot

February 4, 2020 GMT

GLENVIEW, Ill. (AP) _ Anixter International Inc. (AXE) on Tuesday reported fourth-quarter net income of $101 million.

The Glenview, Illinois-based company said it had profit of $2.93 per share. Earnings, adjusted for non-recurring gains, were $2.18 per share.

The maker of security products, wires and fasteners posted revenue of $2.25 billion in the period.

For the year, the company reported profit of $262.9 million, or $7.67 per share. Revenue was reported as $8.85 billion.

Anixter International shares have risen 6.5% since the beginning of the year. The stock has climbed 64% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXE at https://www.zacks.com/ap/AXE