Williams-Sonoma Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Williams-Sonoma Inc. (WSM) reported a profit for its first quarter that rose from the same period last year.

The company's bottom line came in at $45.17 million, or $0.54 per share. This compares with $39.56 million, or $0.45 per share, in last year's first quarter.

Excluding items, Williams-Sonoma Inc. reported adjusted earnings of $56.37 million or $0.67 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.1% to $1.20 billion from $1.11 billion last year.

Williams-Sonoma Inc. earnings at a glance:

-Earnings (Q1): $56.37 Mln. vs. $44.72 Mln. last year. -EPS (Q1): $0.67 vs. $0.51 last year. -Analysts Estimate: $0.58 -Revenue (Q1): $1.20 Bln vs. $1.11 Bln last year.

-Guidance: Next quarter EPS guidance: $0.65 – $0.70 Next quarter revenue guidance: $1.250 - $1.275 Bln Full year EPS guidance: $4.15 – $4.25 Full year revenue guidance: $5.495 - $5.655 Bln