Blue Nile (NILE) Beats By 2c; Lowers Guidance
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Blue Nile (Nasdaq: NILE) reports Q1 EPS of $0.16, 2 cents better than the analyst estimate of $0.14. Revenues for the quarter were $70.5 million, versus the consensus of $68.52 million.
Sees Q2 15-18 cents versus 22 cents. Sees Q2 revenues unchanged to up 5%. Sees full year 08 sales growth of at least 10%. Sees full year GAAP EPS that approximates 2007
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