Tiffany & Co. Profit Advances 9% In Q2

(RTTNews) - Tiffany & Co. (TIF) announced earnings for its second quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $115.0 million, or $0.92 per share. This was higher than $105.7 million, or $0.84 per share, in last year's second quarter.

Analysts had expected the company to earn $0.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.0% to $959.7 million. This was up from $931.6 million last year.

Tiffany & Co. earnings at a glance:

-Earnings (Q2): $115.0 Mln. vs. $105.7 Mln. last year. -Earnings Growth (Y-o-Y): 8.8% -EPS (Q2): $0.92 vs. $0.84 last year. -EPS Growth (Y-o-Y): 9.5% -Analysts Estimate: $0.86 -Revenue (Q2): $959.7 Mln vs. $931.6 Mln last year. -Revenue Change (Y-o-Y): 3.0%