Bloomberg News

ChoicePoint Says It Has Loss in the Fourth Quarter

January 24, 2008

ChoicePoint Inc., a provider of consumer credit reports, reported a loss for the fourth quarter.

The net loss (CPS:US) was $32.3 million, or 47 cents a share, compared with net income of $23.7 million, or 30 cents, a year earlier, the company said today in a statement distributed by PR Newswire. In the latest period, results included charges of $87.8 million, or 78 cents, a share, it said.

Excluding some items, profit would have been 41 cents a share, ChoicePoint said. Fifteen analysts, on average, predicted 41 cents in a Bloomberg survey.

To contact the reporter on this story: Colleen McElroy in New York at cmcelroy@bloomberg.net.

To contact the editor responsible for this story: Colleen McElroy in New York at cmcelroy@bloomberg.net.


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Companies Mentioned

  • CPS
    (Cooper-Standard Holding Inc)
    • $64.26 USD
    • 0.44
    • 0.68%
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