Tiffany's 4Q profit beats analysts' estimates

Tiffany's 4Q profit beats analysts' estimates, offers solid revenue outlook

Associated Press

SPARKLING RESULTS: For the quarter ended Jan. 31, Tiffany earned $179.6 million, or $1.40 per share. Revenue rose 4 percent to $1.24 billion. Analysts polled by FactSet expected earnings of $1.36 per share on $1.25 billion in revenue

ASIA APPEAL: Tiffany's strong sales in Asia offset sluggish demand in the U.S.

MORE BLING? For the current year, Tiffany expects sales growth of 6 to 8 percent, which means that sales are expected to be from $4.02 billion to $4.09 billion. Analysts project $4.02 billion.

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