Earnings Outlook For PVH

PVH (NYSE:PVH) announces its next round of earnings this Wednesday, June 02. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street expects EPS of $0.83 and sales around $1.93 billion. PVH reported a per-share loss of $3.03 when it published results during the same quarter last year. Sales in that period totaled $1.34 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

The Wall Street consensus estimate for earnings would represent a 127.39% increase for the company. Sales would be up 43.6% from the same quarter last year. Here is how the PVH's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

Shares of PVH were trading at $114.82 as of May 31. Over the last 52-week period, shares are up 107.79%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. PVH is scheduled to hold the call at 09:00:00 ET and can be accessed here.

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