Home decorations maker Blyth (BTH -14.3%) falls hard after reporting FQ3 revenue of $220.2M...

|By:, SA News Editor

Home decorations maker Blyth (BTH -14.3%) falls hard after reporting FQ3 revenue of $220.2M (+33% Y/Y) and EPS of $0.32 (no analyst estimates), and providing FY11 guidance. While Blyth is affirming its prior guidance for "normalized" 2011 EPS of $3.30-$3.50, it's lowering its "reported" guidace to $1.65-$1.85, from a prior range of $2.23-$2.43, and lowering its cash flow guidance due to the settlement of tax audits.