NEW YORK (TheStreet) -- Tiffany & Co. (TIF - Get Report) shares are falling 0.17% to $70.07 in after-hours trading on Thursday, ahead of the company's 2015 fourth quarter earnings due out Friday before the opening bell.
Year-over-year, both profit and revenue are projected to drop.
Wall Street is looking for earnings of $1.41 a share on revenue of $1.22 billion.
A year ago, the New York-based company earned $1.51 a share on revenue of $1.29 billion.
On Tuesday, Citigroup downgraded the luxury jewelry and specialty retailer to "neutral" from "buy," and lowered its price target to $78 from $86, in part due to the company's weak holiday sales results of -5%, while analysts had expected sales to be flat.
Separately, TheStreet Ratings currently has a "Hold" rating on the stock with a letter grade of C+.
The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles' author.
You can view the full analysis from the report here: TIF