Recap: PVH Q3 Earnings

PVH PVH reported its Q3 earnings results on Wednesday, December 1, 2021 at 04:00 PM.

Here's what investors need to know about the announcement.

PVH beat estimated earnings by 28.99%, reporting an EPS of $2.67 versus an estimate of $2.07, which surprised analysts.

Revenue was up $215,000,000 from the same period last year.

Last quarter the company beat on EPS by $1.52, which was followed by a 15.07% increase in the share price the next day.

Here's a look at PVH's past performance:

Quarter	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	1.20	0.83	-0.34	0.24
EPS Actual	2.72	1.92	-0.38	1.32
Revenue Estimate	2.14B	1.93B	2.12B	2.00B
Revenue Actual	2.31B	2.08B	2.09B	2.12B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

PVH management provided guidance for their next quarter, expecting earnings between $1.95 and $2.0 per share for the nextquarter.

This represents a -26.03% in quarter-over-quarter growth for PVH, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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