Tiffany & Co. (TIF) : Earnings Whisper

Tiffany & Co. (TIF) is set to report its fiscal 2015 second-quarter earnings Thursday before the markets open. The Street is looking for revenues of $1.02 billion, a 1% growth from $993 million in the same period a year earlier. As far as EPS is concerned, analysts expect Tiffany’s year-over-year profit to decline by more than 5% to $0.91. Meanwhile, EarningsWhisper.com reports a whisper number of $0.93 per share.

As a quick reminder, Tiffany & Co. reported 1Q/15 EPS of $0.81, $0.11 better than the Street’s consensus estimate of $0.70. Revs came in at $962 million versus $1.01 billion a year earlier.

On trading measures, Tiffany & Co. is printing a higher than average trading volume with the issue trading 1.27 million shares, compared to the average volume of 1.20 million. The stock began trading this morning at $83.37 to currently trade 2.55% higher from the prior days close of $81.84. On an intraday basis it has gotten as low as $82.77 and as high as $85.25.

Tiffany’s shares are currently priced at 23.51x this year’s forecasted earnings, compared to the industry’s 18.52x earnings multiple. The company’s current year and next year EPS growth estimates stand at 1.90% and 11.90% compared to the industry growth rates of 10.30% and 20.10%, respectively. TIF has a t-12 price/sales ratio of 2.52. EPS for the same period registers at $3.57.

TIF has declined 9.89% in the last 4 weeks and 13.06% in the past three months. Over the past 5 trading sessions the stock has lost 10.61%. The New York-based company, which is currently valued at $10.84 billion, has a median Wall Street price target of $103.15 with a high target of $119.00.

Tiffany’s stock is down 17% year-over-year and 22.74% year-to-date.

The chart below shows where the equity has traded over the last 52 weeks

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