Blyth reports 4Q loss

GREENWICH, Conn. (AP) _ Blyth Inc. (BTH) on Monday reported a loss of $12.2 million in its fourth quarter.

On a per-share basis, the Greenwich, Connecticut-based company said it had a loss of 75 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 88 cents per share.

The candle seller posted revenue of $176.8 million in the period.

For the year, the company reported net income of $86.8 million, or $5.37 per share, swinging to a profit in the period. Revenue was reported as $490 million.

Blyth shares have fallen 23 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $7.07, a decline of 22 percent 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 BTH at http://www.zacks.com/ap/BTH

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Keywords: Blyth, Earnings Report

Source Article from http://finance.yahoo.com/news/blyth-reports-4q-loss-214558050.html

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