29.08.2018 22:24:49
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PVH Corp. Q2 adjusted earnings Beat Estimates
(RTTNews) - PVH Corp. (PVH) announced a profit for its second quarter that climbed from the same period last year.
The company's earnings came in at $165.2 million, or $2.12 per share. This compares with $119.7 million, or $1.52 per share, in last year's second quarter.
Excluding items, PVH Corp. reported adjusted earnings of $170.1 million or $2.18 per share for the period.
Analysts had expected the company to earn $2.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 12.6% to $2.33 billion from $2.07 billion last year.
PVH Corp. earnings at a glance:
-Earnings (Q2): $170.1 Mln. vs. $133.1 Mln. last year. -EPS (Q2): $2.18 vs. $1.69 last year. -Analysts Estimate: $2.10 -Revenue (Q2): $2.33 Bln vs. $2.07 Bln last year.
-Guidance: Full year EPS guidance: $9.20 - $9.25
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