Mohawk Industries (MHK): Q4 Results Beat Estimates, Revenue Misses Forecast

Mohawk Industries Inc. (MHK) reported fourth-quarter earnings of $42 million, or 68 cents per share, with adjusted non-GAAP profit of $2 per share, exceeding analyst expectations of $1.98 per share. Revenue for the quarter was $2.7 billion, slightly below the $2.72 billion forecast. For the full year, the company posted profit of $369.9 million, or $5.93 per share, and revenue of $10.79 billion.