PVH Q2 Earnings Preview

PVH PVH announces its next round of earnings this Wednesday, August 28. Here's Benzinga's look at PVH's Q2 earnings report.

Earnings and Revenue

PVH EPS is expected to be around $1.89, according to sell-side analysts. Sales will likely be near $2.33 billion.

PVH EPS in the same period a year ago totaled $2.18. Sales were $2.33 billion. The Wall Street consensus estimate for earnings would represent a 13.30% decrease for the company. Revenue would have fallen 0.17% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

 

Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate 2.440 1.76 3.14 2.1
EPS Actual 2.460 1.84 3.21 2.18

Stock Performance

Over the past 52-week period, shares of PVH have declined 54.39%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with PVH. The strength of this rating has maintained conviction over the past three months.

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Posted In: EarningsNewsEarnings Previews
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