Tiffany & Co. (TIF) on Wednesday reported earnings of $124.1 million in its fiscal second quarter.
The New York-based company said it had profit of 96 cents per share.
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The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.
The company posted revenue of $992.9 million in the period, also surpassing Street forecasts. Analysts expected $989.6 million, according to Zacks.
Tiffany shares have increased roughly 9 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 8 percent. The stock has climbed 23 percent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. A stock research report on TIF from Zacks is available at: http://www.zacks.com/ap/TIF