Shares of G-III Apparel Group (NASDAQ:GIII) jumped 10% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share were up 170.67% over the past year to $0.53, which beat the estimate of $0.15.
Revenue of $519,910,000 higher by 28.33% from the same period last year, which beat the estimate of $462,030,000.
Guidance
G-III Apparel said it expects Q2 earnings of $0.03 to $0.13 per share on sales of $470 million.
The company also sees FY22 adjusted earnings of $2.60 to $2.78 per share on sales of $2.53 billion.
Conference Call Details
Date: Jun 07, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/w2p9fjvu
Technicals
52-week high: $35.20
52-week low: $9.30
Price action over last quarter: down 9.15%
Company Overview
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