PVH Corp. Announces Increase In Q4 Profit

(RTTNews) - PVH Corp. (PVH) revealed a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line came in at $123.7 million, or $1.58 per share. This was up from $97.7 million, or $1.23 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 18.5% to $2.50 billion. This was up from $2.11 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q4): $123.7 Mln. vs. $97.7 Mln. last year. -Earnings Growth (Y-o-Y): 26.6% -EPS (Q4): $1.58 vs. $1.23 last year. -EPS Growth (Y-o-Y): 28.5% -Analysts Estimate: $1.46 -Revenue (Q4): $2.50 Bln vs. $2.11 Bln last year. -Revenue Change (Y-o-Y): 18.5%

-Guidance: Next quarter EPS guidance: $2.20 - $2.25 Full year EPS guidance: $9.00 - $9.10