Eastern: Q4 Earnings Snapshot

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NAUGATUCK, Conn. (AP) _ Eastern Co. (EML) on Monday reported fourth-quarter net income of $1.4 million.

The Naugatuck, Connecticut-based company said it had net income of 23 cents per share. Earnings, adjusted for non-recurring costs, came to 74 cents per share.

The maker of locks and other security products posted revenue of $60.4 million in the period.

For the year, the company reported profit of $5.4 million, or 86 cents per share. Revenue was reported as $240.4 million.

Eastern shares have increased almost 10% since the beginning of the year. In the final minutes of trading on Monday, shares hit $26.49, an increase of almost 4% 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 EML at https://www.zacks.com/ap/EML