Tiffany & Co. (TIF) Misses Q1 EPS Views; Lowers FY12 EPS, Revs Growth Outlook

May 24, 2012 7:02 AM EDT
Tiffany & Co. (NYSE: TIF) reported Q1 EPS of $0.64, versus the analyst estimate of $0.69. Revenue for the quarter came in at $819 million versus the consensus estimate of $816.85 million.

Tiffany & Co. sees FY2012 EPS of $3.70-$3.80, versus prior guidance of $3.95-$4.05 and the consensus of $3.97.

Worldwide net sales (in U.S. dollars) increasing 7-8%, versus the previous expectation calling for 10% growth.

For earnings history and earnings-related data on Tiffany & Co. (TIF) click here.

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