20.03.2020 11:51:21
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Tiffany & Co. Q4 adjusted earnings Beat Estimates
(RTTNews) - Tiffany & Co. (TIF) released earnings for fourth quarter that fell from last year.
The company's profit came in at $201.2 million, or $1.66 per share. This compares with $204.5 million, or $1.67 per share, in last year's fourth quarter.
Excluding items, Tiffany & Co. reported adjusted earnings of $218.3 million or $1.80 per share for the period.
Analysts had expected the company to earn $1.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 3.0% to $1.36 billion from $1.32 billion last year.
Tiffany & Co. earnings at a glance:
-Analysts Estimate: $1.77 -Revenue (Q4): $1.36 Bln vs. $1.32 Bln last year.
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