SodaStream beats 4Q profit forecasts

SodaStream posts 4Q profit of $15.6 million, result tops expectations

AIRPORT CITY, Israel (AP) _ SodaStream International Ltd. (SODA) on Wednesday reported fourth-quarter net income of $15.6 million.

The Airport City, Israel-based company said it had profit of 71 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The maker of beverage carbonation systems posted revenue of $131.8 million in the period.

For the year, the company reported profit of $44.5 million, or $2.07 per share. Revenue was reported as $476.1 million.

SodaStream shares have increased 20 percent since the beginning of the year. The stock has more than tripled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SODA at https://www.zacks.com/ap/SODA

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Keywords: SodaStream, Earnings Report

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