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Tiffany & Co Issues FY 2013 EPS Guidance In Line With Analysts' Estimates; Comments On Q1 2013 EPS Guidance

Friday, 22 Mar 2013 07:00am EDT 

Tiffany & Co announced that for fiscal 2013, it expects net earnings from operations increasing 6%-9% to a range of $3.43-$3.53 per diluted share (EPS). For first quarter of 2013, it expects net earnings from operations to decline approximately 15%-20% due to gross margin pressure and higher marketing-related costs, to be followed by earnings growth in all subsequent quarters. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $3.52 for fiscal 2013 and EPS of $0.52 for first quarter of 2013. 

Company Quote

-0.05 -0.05%
19 Dec 2014