G-III Apparel Group GIII announces its next round of earnings this Wednesday, September 09. Here is Benzinga's everything-that-matters guide for this Wednesday's Q2 earnings announcement.
Earnings and Revenue
Analysts are expecting G-III Apparel Group to report a loss of $0.77 per share. Revenue will likely be around $327.39 million, according to the consensus estimate. G-III Apparel Group reported a per-share profit of $0.23 when it published results during the same quarter last year. Sales in that period totaled $643.89 million. The analyst consensus estimate would represent a 434.78% decrease in the company's earnings per share. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.51 | 0.67 | 1.94 | 0.22 |
| EPS Actual | -0.75 | 0.75 | 1.99 | 0.23 |
| Revenue Estimate | 466.87 M | 787.09 M | 1.17 B | 656.57 M |
| Revenue Actual | 405.13 M | 754.62 M | 1.13 B | 643.89 M |
Stock Performance
Over the last 52-week period, shares are down 55.7%. Given that these returns are generally negative, long-term shareholders are probably upset going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. G-III Apparel Group is scheduled to hold the call at 08:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/usa369m4
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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