Tiffany & Co. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Tiffany & Co. (NYSE:TIF) will unveil its latest earnings on Tuesday, March 20, 2012. Tiffany & Co. is a jeweler and specialty retailer that sells timepieces, sterling silverware, china, crystal, stationery, fragrances and accessories.

Tiffany & Co. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of $1.41 per share, a decline of 2.1% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.56. Between one and three months ago, the average estimate moved down. It also has dropped from $1.43 during the last month. For the year, analysts are projecting net income of $3.63 per share, a rise of 23.9% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 10 cents, reporting profit of 70 cents per share against a mean estimate of net income of 60 cents per share.

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Wall St. Revenue Expectations: Analysts predict a rise of 8.2% in revenue from the year-earlier quarter to $1.19 billion.

Analyst Ratings: Analysts are high on the stock, with nine analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

A Look Back: In the third quarter, profit rose 62.8% to $89.7 million (70 cents a share) from $55.1 million (43 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 20.5% to $821.8 million from $681.7 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 20.8%, with the biggest boost coming in the second quarter when revenue rose 30.5% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 33.1% in the second quarter and 25.8% in the first quarter.

Stock Price Performance: Between January 17, 2012 and March 14, 2012, the stock price had risen $10.54 (17.7%), from $59.65 to $70.19. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 19, 2011, when shares rose for seven straight days, increasing 11.5% (+$7.80) over that span. It saw one of its worst periods between November 2, 2011 and November 10, 2011 when shares fell for seven straight days, dropping 4.6% (-$3.60) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com