PVH Corp reports results for the quarter ended October 31 - Earnings Summary

PVH

04/12/2024 22:02

* PVH Corp  PVH.N  reported quarterly adjusted earnings of
$3.03​​
per share for the quarter ended October 31, higher than the same
quarter last year, when the company reported EPS of $2.90.  The
mean expectation of fifteen analysts for the quarter was
for earnings of $2.59 per share. Wall Street expected results to
range from $2.50  to $2.82 per share.
    * Revenue fell 4.6% to $2.26 billion from a year ago;
analysts
expected $2.22 billion. 
    * PVH Corp's reported EPS for the quarter was $2.34​.
    * The company reported quarterly net income of $131.9
million.
    * PVH Corp shares had risen by 10.7% this quarter and
lost 8.6% so
far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories peer group is also "buy"

Wall Street's median 12-month price target for PVH Corp is
$124.00 
This summary was machine generated from LSEG data December 4 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      2.59           3.03           Beat
 Jul. 31 2024      2.29           3.01           Beat
 Apr. 30 2024      2.16           2.45           Beat
 Jan. 31 2024      3.53           3.72           Beat