22.03.2017 21:18:34
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PVH Corp. Q4 Earnings Retreat 22%
(RTTNews) - PVH Corp. (PVH) announced a profit for fourth quarter that declined compared to the same period last year.
The company said its profit declined to $97.7 million, or $1.23 per share. This was down from $125.2 million, or $1.52 per share, in last year's fourth quarter.
Analysts had expected the company to earn $1.19 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Revenue came in at $2.11 billion, equal to the mark posted in the same period last year.
PVH Corp. earnings at a glance:
-Earnings (Q4): $97.7 Mln. vs. $125.2 Mln. last year. -Earnings Decline (Y-o-Y): -22.0% -EPS (Q4): $1.23 vs. $1.52 last year. -EPS Decline (Y-o-Y): -19.1% -Analysts Estimate: $1.19 -Revenue (Q4): $2.11 Bln vs. $2.11 Bln last year. -Revenue Change (Y-o-Y): 0%
-Guidance: Full year EPS guidance: $7.30 to $7.40
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