Tiffany (NYSE:TIF) Profit Tops Analysts Views on Higher Sales – TIF, NILE, ZLC, SIG

Tiffany & Co (NYSE:TIF) announced a higher fiscal Q4 profit on Friday that surpass analysts’ forecasts, showing higher sales because of expansion in most regions.

Luxury jeweler announced lower earnings for full year. Shares of the company hiked 4% in the pre-market trading session.

The company projects earnings from operations around $3.43 to $3.53 a share for the fiscal year finishing January 31, 2014, while 24 analysts forecast full-year earnings of $3.50 a share.

Quarterly net earnings hiked to $179.64 million or $1.40 a share in Q4, from $178.4 million or $1.39 a share in same quarter a year ago. Thomson Reuters 19 analysts’ survey on average forecasted EPS of $1.36 for three months period.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Blue Nile Inc (NASDAQ:NILE) fell -1.22% to settle at $34.12, Zale Corporation (NYSE:ZLC) moved up +0.47% to end at $4.30 while Signet Jewelers Ltd. (NYSE:SIG) jumped +1.04% to finish at $62.47 on Friday.

Tiffany & Co. (NYSE:TIF) last session’s volume of 4.44 million shares was surprisingly higher than its average volume of 1.87 million shares. The stock after opening at $70.15 hit high price of $70.78 and then closed at $69.23 by scoring +1.94%.

The liquidity measure in recent quarter results of the company was recorded 5.46 as current ratio and on the other side the debt to equity ratio was 0.40 and long-term debt to equity ratio remained at 0.32. The Company had total cash of $345.87 million at hand and a book value per share as $19.36 in the most recent quarter.

The stock’s price volatility was 2.04% for a week and 1.95% for a month as well as price volatility’s Average True Range for 14 days was 1.34 and its beta remained at 1.78.

TIF generated revenue of $3.75 billion in the previous twelve months and earned $414.91 million. The Company showed a positive 11.08% in the net profit margin as well as in its operating margin which remained at 18.49%. Company’s annual sales growth for the past five years was 7.30%.

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