11:08 AM EST - Four Seasons Hotels Inc. : booked a profit turnaround Monday as the hotelier reported US$16.9 million in earnings in the fourth quarter, up from a year-earlier loss of $37.8 million. For the three months ended Dec. 31 earnings were equal to 44 cents per share, up from a loss of $1.03 in the same period. The company, which reports in US dollars, said revenues climbed to US$70 million from $58.4 million. Four Seasons Hotels Inc.
shares T.FSH are trading down 19 cents at $95.04.
