Tiffany (NYSE: TIF) is expected to report Q3 earnings on Nov. 29. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Tiffany's revenues will increase 4.4% and EPS will decrease -10.0%.

The average estimate for revenue is $858.1 million. On the bottom line, the average EPS estimate is $0.63.

Revenue details
Last quarter, Tiffany reported revenue of $886.6 million. GAAP reported sales were 1.6% higher than the prior-year quarter's $872.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, EPS came in at $0.72. GAAP EPS of $0.72 for Q2 were 4.3% higher than the prior-year quarter's $0.69 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 56.3%, 270 basis points worse than the prior-year quarter. Operating margin was 17.4%, 270 basis points worse than the prior-year quarter. Net margin was 10.4%, 10 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $3.86 billion. The average EPS estimate is $3.59.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 592 members out of 753 rating the stock outperform, and 161 members rating it underperform. Among 211 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 178 give Tiffany a green thumbs-up, and 33 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Tiffany is outperform, with an average price target of $67.49.

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