Monaco Coach quarterly earnings fall 53 percent

Newswire

CHICAGO, Feb 1 (Reuters) - Recreational vehicle maker Monaco Coach Corp. on Wednesday said quarterly earnings fell 53 percent, reporting results that werer delayed earlier in the day until it could complete an accounting review.

Net income fell to $2.5 million, or 8 cents per share, in the fourth quarter, from $5.4 million, or 18 cents per share, a year earlier. Sales fell 4.8 percent to $306 million.

Analysts, on average, expected nil earnings from Monaco, excluding ...

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