What Does Wall Street See for Tiffany's Q4?
Tiffany (NYS: TIF) is expected to report Q4 earnings on March 22. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tiffany's revenues will increase 5.1% and EPS will shrink -2.2%.
The average estimate for revenue is $1.25 billion. On the bottom line, the average EPS estimate is $1.36.
Revenue details
Last quarter, Tiffany recorded revenue of $852.7 million. GAAP reported sales were 3.8% higher than the prior-year quarter's $821.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.49. GAAP EPS of $0.49 for Q3 were 30% lower than the prior-year quarter's $0.70 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 54.4%, 350 basis points worse than the prior-year quarter. Operating margin was 13.8%, 400 basis points worse than the prior-year quarter. Net margin was 7.4%, 350 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.81 billion. The average EPS estimate is $3.23.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 587 members out of 754 rating the stock outperform, and 167 members rating it underperform. Among 212 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 181 give Tiffany a green thumbs-up, and 31 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tiffany is hold, with an average price target of $68.67.
Is Tiffany the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.
Add Tiffany to My Watchlist.
The article What Does Wall Street See for Tiffany's Q4? originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
