BofA/Merrill Lynch Downgrades Tiffany & Co. (TIF) to Neutral

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Tiffany & Co. (TIF) Misses Q3 EPS by 14c; Guides Lower

November 29, 2012 7:01 AM EST

Tiffany & Co. (NYSE: TIF) reported Q3 EPS of $0.49, $0.14 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $853 million versus the consensus estimate of $857.49 million.

Tiffany & Co. sees FY2012 EPS of $3.20-3.40, versus prior guidance of $3.55-3.70 and the... More