S&P 500
7,226.20
+0.01%
Dow Jones
49,494.60
-0.62%
Nasdaq 100
27,685.40
+0.66%
Russell 2000
2,804.78
-0.02%
FTSE 100
10,364.50
0.00%
Nikkei 225
59,260.50
-0.78%

Investing

Tiffany Jumps on Forecast (TIF)

Photo of Paul Ausick
By Paul Ausick Published
Follow 24/7 Wall St. on Google
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Jeweler Tiffany & Co. (NYSE: TIF) reported fourth quarter and full year results this morning. For the quarter, EPS missed the consensus estimate of $1.42, coming in at $1.39. Revenues were inline for the quarter at $1.19 billion.

Investors had been concerned that weak sales in November and December would carry over to January and into the new fiscal year starting in February. The company put some sparkle in investors’ eyes though when it forecast higher than expected EPS for the next fiscal year. Tiffany forecast earnings of $3.95-$4.05, higher than the consensus estimate of $3.93.

Shares are up nearly 7% at $73.43 in a 52-week range of $56.21-$84.49.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Paul Ausick |

Tiffany’s Meets Lowered Estimates, Maintains Previous Outlook

courtesy Tiffany & Co.Tiffany & Co. (NYSE: TIF) reported fourth-quarter and full-year 2012 results before markets opened this morning. The…
Paul Ausick |

Tiffany Earnings Hit by Arbitration Award, Soft Outlook; Buyback Soothes Investors

Tiffany & Co. reported smaller-than-expected fourth-quarter and fiscal year 2013 earnings before markets opened Friday morning. Tiffany also announced that…
Are Tiffany Earnings and Outlook Good Enough?
Paul Ausick |

Are Tiffany Earnings and Outlook Good Enough?

Luxury retailer Tiffany & Co. reported quarterly earnings this morning that exceeded analysts estimates and reiterated its forecast for the…
Why Tiffany Earnings and Outlook May Have Been Just Good Enough
Paul Ausick |

Why Tiffany Earnings and Outlook May Have Been Just Good Enough

A lukewarm earnings report and a 5% dividend boost lit a bit of a fire under Tiffany stock Tuesday morning.…
Chris Lange |

The Tale of 2 Jewelers

Both Tiffany and Signet Jewelers reported earnings before the markets opened on Thursday. Afterward, there was one clear winner and…
Paul Ausick |

Tiffany Earnings Glitter, but Outlook Dull

Tiffany & Co. reported better-than-expected second-quarter 2014 results before markets opened Wednesday morning.
Tiffany Earnings Fall Short, Outlook Dim
Paul Ausick |

Tiffany Earnings Fall Short, Outlook Dim

Tiffany reported mixed first-quarter 2016 results and offered guidance before markets opened Wednesday morning.
Why the Future of Jewelry in America Has Very Little Shine
Chris Lange |

Why the Future of Jewelry in America Has Very Little Shine

A couple major players in the jewelry industry reported quarterly results this week, and it seems that all that glitters…
Tiffany Earnings Dulled by Grim Outlook
Paul Ausick |

Tiffany Earnings Dulled by Grim Outlook

Tiffany reported fourth-quarter and full-year 2015 results before markets opened Friday morning.

Top Gaining Stocks

Cboe Global Markets
CBOE • Vol: 1,568,143
New Pluto Global
PSKY • Vol: 12,285,993
Seagate Technology
STX • Vol: 7,378,346
Oracle
ORCL • Vol: 26,317,675
Datadog
DDOG • Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ • Vol: 4,367,433
Clorox
CLX • Vol: 13,260,523
Stryker
SYK • Vol: 4,519,455
Mohawk Industries
MHK • Vol: 1,859,865
Amgen
AMGN • Vol: 3,818,618