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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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