Blue Nile Inc. (NILE) reported second quarter EPS of $0.11 after the bell Thursday, down from $0.19 in the prior year period. The consensus estimate was for EPS of $0.07. The company expects to report third quarter EPS of $0.10 to $0.14 and between $0.70 and $0.85 for the full year. The consensus estimates are for EPS of $0.17 and $0.67.
Blue Nile gapped open sharply higher Friday, but traded in a narrow range throughout the session. The stock closed up by 8.25 at $32.00, with volume at over a 5-month high. Blue Nile rose to a month and a half high and re-crossed its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.