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Quebecor World Inc.

02:52 PM EST - Quebecor World Inc. : announced that its fourth quarter net income from continuing operations was $11.6 million or $0.03 per share, compared to a net loss $205 million or $1.64 loss per share in the fourth quarter of last year. Operating income in the fourth quarter was $74.2 million compared to $87.3 million during the fourth quarter last year reflecting the higher depreciation expense. Analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.59 per share. Quebecor World Inc. shares T.IQW are trading up 59 cents at $15.25.