29.11.2018 22:25:27
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PVH Corp. Q3 adjusted earnings Beat Estimates
(RTTNews) - PVH Corp. (PVH) announced earnings for its third quarter that climbed from the same period last year.
The company's bottom line came in at $243.1 million, or $3.15 per share. This compares with $239.2 million, or $3.05 per share, in last year's third quarter.
Excluding items, PVH Corp. reported adjusted earnings of $247.8 million or $3.21 per share for the period.
Analysts had expected the company to earn $3.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.2% to $2.38 billion from $2.22 billion last year.
PVH Corp. earnings at a glance:
-Earnings (Q3): $247.8 Mln. vs. $237.4 Mln. last year. -EPS (Q3): $3.21 vs. $3.02 last year. -Analysts Estimate: $3.14 -Revenue (Q3): $2.38 Bln vs. $2.22 Bln last year.
-Guidance: Next quarter EPS guidance: $1.58 to $1.60 Full year EPS guidance: $9.33 to $9.35
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