Blue Nile (NILE) Tops Q3 EPS by 1c; Guides Above Q4
More News related to NILE
- Blue Nile to Present at the Citi Small and Mid Cap Conference
- Deutsche Bank Upgrades Blue Nile (NILE) to Hold; Improving Fundamentals
- After-Hours Movers 11/05: JSDA, ENOC, SAM, RST, ASEI, KFN Higher; MOVE, FNM, CROX, BEBE, BID Lower
- Blue Nile (NILE) Tops Q3 EPS by 1c; Guides Above Q4
- Blue Nile Announces Third Quarter 2009 Financial Results
Blue Nile, Inc. (NASDAQ: NILE) reports Q3 EPS of $0.17, 1 cent better than the analyst estimate of $0.16. Revenue for the quarter was $66.9 million, which compares to the estimate of $65.31 million.
“The trends in the business during the third quarter improved sequentially, and we project that trend to continue in the fourth quarter. Based on our third quarter results and our expectations for the fourth quarter, we are raising our guidance,” said Marc Stolzman, Chief Financial Officer. “We are projecting fourth quarter net sales between $100 million and $109 million, and diluted earnings per share in the range of $0.35 to $0.39.” (Consensus is $95.88M and $0.33, respectively)
Related Categories
EarningsGuidance
Hot List
Stocks Mentioned
-0.04Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
