Tiffany & Co. (TIF) Tops Q1 EPS by 10c; Raises FY12 Outlook

May 26, 2011 7:02 AM EDT
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Price: $131.46 --0%

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Gross profit: 579.5M

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Tiffany & Co. (NYSE: TIF) reported Q1 EPS of $0.67, ex-items, $0.10 better than the analyst estimate of $0.57. Revenue for the quarter came in at $761 million versus the consensus estimate of $703.32 million.

Raises its FY12 EPS guidance from $3.35-$3.45 to $3.45-$3.55, versus the consensus of $3.33.


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