WASHINGTON (dpa-AFX) - Tiffany & Co. (TIF) announced earnings for third quarter that declined from last year.
The company's earnings came in at $78.4 million, or $0.65 per share. This compares with $94.9 million, or $0.77 per share, in last year's third quarter.
Analysts had expected the company to earn $0.85 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue held steady at $1.01 billion
Tiffany & Co. earnings at a glance:
-Earnings (Q3): $78.4 Mln. vs. $94.9 Mln. last year. -EPS (Q3): $0.65 vs. $0.77 last year. -Analysts Estimate: $0.85 -Revenue (Q3): $1.01 Bln vs. $1.01 Bln last year.
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