* Sees strong Q1 results for RV segment
* Q4 EPS $0.13 vs loss $.43/shr year ago
* Q4 revenue up about 37 pct
Feb 16 Drew Industries Inc (DW.N), which makes
components for recreational vehicles (RV) and manufactured
homes, swung to a fourth-quarter profit, helped by an increase
in sales in its RV segment.
The company also said it expects strong first-quarter
results in the RV segment, given sales growth in January.
For the quarter, the company reported net income of $2.9
million, or 13 cents a share, compared with a loss of $9.2
million, or 43 cents a share, a year ago.
The results included 7 cents a share in charges related to
plant closings and start-ups and employee relocation.
Revenue rose about 37 percent to $104.6 million.
Analysts on average were expecting the company to earn 19
cents a share, on revenue of $101 million, according to Thomson
Sales in the RV segment rose 74 percent to $82 million.
Shares of the White Plains, New York-based company closed
at $21.90 Friday on the New York Stock Exchange.
(Reporting by Fareha Khan in Bangalore; Editing by Vinu