Blue Nile Posts Beat-And-Raise Q3

Blue Nile (NILE) this afternoon posted Q3 results that edged Street estimates.

The online diamond retailer reported revenue for the quarter of $66.9 million, up 2.4% from a year ago, and ahead of the Street consensus at $65.6 million. EPS of 17 cents a share was a penny above expectations.

For Q4, the company sees revenue of $100 million to $109 million, with profits of 35-39 cents a share; the Street has been expecting $95.9 million and 33 cents.

In late trading, NILE is up 40 cents, or 0.7%, at $59.12.