WASHINGTON (dpa-AFX) - Realogy Holdings Corp. (RLGY) reported fourth-quarter net income attributable to the company of $21 million, down from $320 million in the year-ago period.
However, revenue for the quarter rose 3 percent to $1.28 billion from $1.25 billion last year.
On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share for the quarter on revenues of $1.30 billion. Analysts' estimates typically exclude special items.
For fiscal 2014, Realogy Holdings' net income was $143 million or $0.97 per share, down from $438 million or $2.99 per share in the previous year. Adjusted net income was $1.09 per share, compared to $0.93 per share last year.
Net revenue for the year rose 1 percent to $5.33 billion from $5.29 billion in the prior year.
Street expected the company to earn $1.03 per share for the year on revenues of $5.35 billion.
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