Ralph Lauren Corp. Q4 adjusted earnings Beat Estimates

(RTTNews) - Ralph Lauren Corp. (F) reported a profit for fourth quarter that declined from last year.

The company's profit came in at $31.6 million, or $0.39 per share. This compares with $41.3 million, or $0.50 per share, in last year's fourth quarter.

Excluding items, Ralph Lauren Corp. reported adjusted earnings of $85.4 million or $1.07 per share for the period.

Analysts had expected the company to earn $0.89 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.3% to $1.51 billion from $1.53 billion last year.

Ralph Lauren Corp. earnings at a glance:

-Earnings (Q4): $85.4 Mln. vs. $74.9 Mln. last year. -EPS (Q4): $1.07 vs. $0.90 last year. -Analysts Estimate: $0.89 -Revenue (Q4): $1.51 Bln vs. $1.53 Bln last year.