Williams-Sonoma Inc. Q3 Earnings Advance 9%

(RTTNews) - Williams-Sonoma Inc. (WSM) released a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $70.48 million, or $0.77 per share. This was up from $64.91 million, or $0.68 per share, in last year's third quarter.

Analysts had expected the company to earn $0.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.9% to $1.23 billion. This was up from $1.14 billion last year.

Williams-Sonoma Inc. earnings at a glance:

-Earnings (Q3): $70.48 Mln. vs. $64.91 Mln. last year. -Earnings Growth (Y-o-Y): 8.6% -EPS (Q3): $0.77 vs. $0.68 last year. -EPS Growth (Y-o-Y): 13.2% -Analysts Estimate: $0.72 -Revenue (Q3): $1.23 Bln vs. $1.14 Bln last year. -Revenue Change (Y-o-Y): 7.9%

-Guidance: Next quarter EPS guidance: $1.53 - $1.62 Next quarter revenue guidance: $1.575 - $1.630 Bln Full year EPS guidance: $3.36 - $3.45 Full year revenue guidance: $4.965 - $5.020 Bln