Tiffany & Co. Earnings Advance 5% In Q3

(RTTNews) - Tiffany & Co. (TIF) announced a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $100.2 million, or $0.80 per share. This was up from $95.1 million, or $0.76 per share, in last year's third quarter.

Analysts had expected the company to earn $0.76 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.8% to $976.2 million. This was up from $949.3 million last year.

Tiffany & Co. earnings at a glance:

-Earnings (Q3): $100.2 Mln. vs. $95.1 Mln. last year. -Earnings Growth (Y-o-Y): 5.4% -EPS (Q3): $0.80 vs. $0.76 last year. -EPS Growth (Y-o-Y): 5.3% -Analysts Estimate: $0.76 -Revenue (Q3): $976.2 Mln vs. $949.3 Mln last year. -Revenue Change (Y-o-Y): 2.8%