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Blue Nile (NILE +11.7%), hammered following its Q4 report, is rallying strongly after its Q1...
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Wednesday, May 9, 2012, 12:25 PM ETBlue Nile (NILE +11.7%), hammered following its Q4 report, is rallying strongly after its Q1 report. Though EPS missed estimates, the online diamond seller's in-line sales guidance is better than many feared. Blue Nile expects Q2 revenue of $87M-$91M and EPS of $0.04-$0.10 vs. a consenus of $89.6M and $0.16, and 2012 revenue of $384M-$417M and EPS of $0.70-$0.85 vs. a consensus of $387.6M and $0.75.
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