Tiffany Reports Earnings Monday Morning (TIF)
Symbols: TIF
On Monday morning, prior to the opening bell, Tiffany & Co. (NYSE: TIF) will be reporting their quarterly earnings numbers. Wall Street analysts' consensus estimates are that Tiffany (TIF) will earn $1.13 per share on revenue of $970.9 million compared to EPS of $0.85 on revenue of $841.2 million in last year's fourth quarter.
Barclays Capital analyst Robert S. Drbul wrote ""We are encouraged by the sales recovery taking place and Tiffany's market share gains throughout the 2009 holiday season," in a client note. "We expect these gains to continue in 2010." Keep in mind, however, that the stock has gained 127% in the last 52 weeks, so it may take significant upside to propel the shares higher in the near term.
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