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UPDATE: Interline Brands Posts Rise In Q1 Profit

Interline Brands Inc (NYSE: IBI) posted a rise in its first-quarter profit.

Interline's quarterly net income surged to $7.5 million, or $0.23 per share, versus $6.9 million, or $0.20 per share, in the year-ago period. However, analysts were expecting a profit of $0.25 per share.

Sales at the facilities maintenance unit climbed 7.8% in the quarter.

Interline Brands shares closed at $20.15 yesterday.

Posted-In: profitEarnings News

 

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