G-III Apparel Group, Ltd. GIII will release its first-quarter financial results before the opening bell on Friday, June 6.
Analysts expect the New York-based company to report quarterly earnings at 13 cents per share, up from 12 cents per share in the year-ago period. G-III Apparel projects quarterly revenue of $580.37 million, compared to $609.75 million a year earlier, according to data from Benzinga Pro.
On March 13, the company reported fourth-quarter sales growth of 9.8% year-on-year to $839.535 million, beating the analyst consensus estimate of $807.590 million.
G-III Apparel shares fell 2.6% to close at $27.67 on Thursday.
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Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
- Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $30 on June 2, 2025. This analyst has an accuracy rate of 61%.
- Guggenheim analyst Robert Drbul maintained a Buy rating and boosted the price target from $36 to $38 on Dec. 11, 2024. This analyst has an accuracy rate of 60%.
Considering buying GIII stock? Here’s what analysts think:
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