J.Jill tops Street 3Q forecasts

QUINCY, Mass. (AP) _ J.Jill Inc. (JILL) on Tuesday reported fiscal third-quarter net income of $6 million.

On a per-share basis, the Quincy, Massachusetts-based company said it had profit of 14 cents. Earnings, adjusted for non-recurring gains, came to 13 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.

The retailer of women's clothes, shoes and accessories posted revenue of $162 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $156.9 million.

For the current quarter ending in January, J.Jill expects its per-share earnings to range from 6 cents to 8 cents.

The company expects full-year earnings in the range of 72 cents to 74 cents per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on JILL at https://www.zacks.com/ap/JILL