06.11.2018 14:15:32
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Ralph Lauren Corp. Q2 adjusted earnings Beat Estimates
(RTTNews) - Ralph Lauren Corp. (RL) reported a profit for its second quarter that climbed from last year.
The company's bottom line totaled $170.3 million, or $2.07 per share. This compares with $143.8 million, or $1.75 per share, in last year's second quarter.
Excluding items, Ralph Lauren Corp. reported adjusted earnings of $186.2 million or $2.26 per share for the period.
Analysts had expected the company to earn $2.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.8% to $1.69 billion from $1.66 billion last year.
Ralph Lauren Corp. earnings at a glance:
-Earnings (Q2): $186.2 Mln. vs. $164.1 Mln. last year. -EPS (Q2): $2.26 vs. $1.99 last year. -Analysts Estimate: $2.16 -Revenue (Q2): $1.69 Bln vs. $1.66 Bln last year.
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