Blue Nile Reveals 9% Decline In Q2 Bottom Line

(RTTNews) - Blue Nile (NILE) reported a profit for second quarter that lost ground from last year.

The company said its profit came in at $2.13 million, or $0.18 per share. This was down from $2.33 million, or $0.20 per share, in last year's second quarter.

Analysts had expected the company to earn $0.21 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 0.1% to $113.77 million. This was up from $113.69 million last year.

Blue Nile earnings at a glance:

-Earnings (Q2): $2.13 Mln. vs. $2.33 Mln. last year. -Earnings Decline (Y-o-Y): -8.6% -EPS (Q2): $0.18 vs. $0.20 last year. -EPS Decline (Y-o-Y): -10.0% -Analysts Estimate: $0.21 -Revenue (Q2): $113.77 Mln vs. $113.69 Mln last year. -Revenue Change (Y-o-Y): 0.1%

-Guidance: Next quarter EPS guidance: $0.11 - $0.14 Next quarter revenue guidance: $107 - $111 Mln Full year EPS guidance: $0.88 - $0.95 Full year revenue guidance: $465 - $495 Mln