PVH PVH announces its next round of earnings this Thursday, Nov. 29. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement.
Earnings and Revenue
Based on PVH management projections, analysts predict EPS of $3.14 on revenue of $2.53 billion.
In the same quarter last year, PVH reported earnings per share of $3.02 on sales of $2.36 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 3.97 percent. Sales would be up 7.34 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
EPS Estimate | 2.1 | 2.25 | 1.46 | 2.91 |
EPS Actual | 2.18 | 2.36 | 1.58 | 3.02 |
Stock Performance
Over the last 52-week period, shares are down 18.73 percent. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.
Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The average rating by analysts on PVH stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.