(Reuters) - Blyth said it would have earned $1.00 per share for the quarter were it not for several restructuring charges. On that basis, analysts were calling for earnings of 60 cents per share, according to Reuters Estimates.
The latest quarter included restructuring and impairment charges totaling 48 cents per share, partially offset by note receivable recovery of 13 cents per share. It also included $3.8 million of after-tax income from discontinued operations, and a $12.6 million tax expense on unremitted foreign earnings of subsidiaries.
Read more at Reuters.com Market News
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