Martha Stewart Living Q4 Profit Surges - Quick Facts

(RTTNews) - Martha Stewart Living Omnimedia, Inc. (MSO) posted higher net income of $7.0 million, or $0.12 per share in the fourth quarter of 2013, versus $1.11 million, or $0.02 per share, last year. On average, two analysts polled by Thomson Reuters expected the company to report profit per share of $0.02 for the quarter. Analysts' estimates typically exclude one-time items.

However, total revenues were $47.4 million in the quarter, down compared with $56.4 million in the 2012 period, as the 2012 publishing restructuring resulted in lower revenues partially offset by growth in Merchandising. Analysts expected the company to generate revenues of $45.40 million.