Tuesday Morning Corp (TUES) Tops Q4 EPS by 1c; Guides FY12; Authorizes $5M Common Buyback

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Tuesday Morning Corp (NASDAQ: TUES) reported Q4 EPS of ($0.03), $0.01 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $194.8 million versus the consensus estimate of $194.8 million.

Tuesday Morning's board of directors has authorized the company to repurchase up to $5 million of the company's common stock.

Tuesday Morning Corp sees FY2012 EPS of $0.22-$0.26, versus the consensus of $0.13. Tuesday Morning Corp sees FY2012 revenue of $828-$834 million, versus the consensus of $818.90 million.

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