Tiffany & Co. Q4 Earnings Retreat 17%

(RTTNews) - Tiffany & Co. (TIF) announced a profit for fourth quarter that fell compared to the same period last year.

The company said its bottom line totaled $163.2 million, or $1.28 per share. This was lower than $196.2 million, or $1.51 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.2% to $1.21 billion. This was down from $1.29 billion last year.

Tiffany & Co. earnings at a glance:

-Earnings (Q4): $163.2 Mln. vs. $196.2 Mln. last year. -Earnings Decline (Y-o-Y): -16.8% -EPS (Q4): $1.28 vs. $1.51 last year. -EPS Decline (Y-o-Y): -15.2% -Analysts Estimate: $1.40 -Revenue (Q4): $1.21 Bln vs. $1.29 Bln last year. -Revenue Change (Y-o-Y): -6.2%