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We provide the latest news from the world of economics and finance
(RTTNews) - TPG Inc. (TPG) reported a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.
The company's earnings totaled $13 million, or $0.16 per share. This compares with $24 million, or $0.28 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
TPG Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $13 Mln. vs. $24 Mln. last year. -EPS (Q4): $0.16 vs. $0.28 last year. -Analyst Estimates: $0.41
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