G-III Apparel Group: Q1 Earnings Insights

G-III Apparel Group GIII reported its Q1 earnings results on Tuesday, June 6, 2023 at 07:00 AM.

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

G-III Apparel Group beat estimated earnings by 230.0%, reporting an EPS of $0.13 versus an estimate of $-0.1.

Revenue was down $82.17 million from the same period last year.

Last quarter the company missed on EPS by $0.02 which was followed by a 1.57% drop in the share price the next day.

Here's a look at G-III Apparel Group's past performance:

Quarter	Q4 2023	Q3 2023	Q2 2023	Q1 2023
EPS Estimate	0.43	1.81	0.47	0.55
EPS Actual	0.41	1.35	0.39	0.72
Revenue Estimate	769.28M	1.06B	594.78M	589.73M
Revenue Actual	854.43M	1.08B	605.24M	688.76M

To track all earnings releases for G-III Apparel Group visit their earnings calendar here.

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