LOUISVILLE, Ky. (AP) _ Turning Point Brands, Inc. (TPB) on Wednesday reported fourth-quarter net income of $12.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Louisville, Kentucky-based company said it had net income of 65 cents. Earnings, adjusted for non-recurring costs, came to 84 cents per share.

The company posted revenue of $105.3 million in the period.

For the year, the company reported profit of $33 million, or $1.67 per share. Revenue was reported as $405.1 million.

For the current quarter ending in April, Turning Point Brands said it expects revenue in the range of $97 million to $102 million.

The company expects full-year revenue in the range of $412 million to $432 million.

Turning Point Brands shares have risen 27% since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TPB at https://www.zacks.com/ap/TPB

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News