Blue Nile (NILE) Tops Q3 EPS by 1c; Guides In-line for Q4

November 4, 2010 4:09 PM EDT
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Blue Nile (Nasdaq: NILE) reports Q3 EPS of $0.19, 1 cent better than the analyst estimate of $0.18. Revenue for the quarter was $67.5 million, which compares to the estimate of $72.02 million.

Expectations for the fourth quarter 2010 (Quarter Ending January 2, 2011):

Net sales are expected to be between $106 million and $115 million, representing growth of 3% to 12% compared to fourth quarter 2009. (Consensus is $109.56M)

Diluted earnings per share are projected at $0.41 to $0.46. (Consensus is $0.43)

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