PVH Corp. Announces Increase In Q4 Profit

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(RTTNews.com) - PVH Corp. ( PVH ) revealed a profit for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line came in at $123.7 million, or $1.58 per share. This was up from $97.7 million, or $1.23 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 18.5% to $2.50 billion. This was up from $2.11 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q4): $123.7 Mln. vs. $97.7 Mln. last year.
-Earnings Growth (Y-o-Y): 26.6%
-EPS (Q4): $1.58 vs. $1.23 last year.
-EPS Growth (Y-o-Y): 28.5%
-Analysts Estimate: $1.46
-Revenue (Q4): $2.50 Bln vs. $2.11 Bln last year.
-Revenue Change (Y-o-Y): 18.5%


Next quarter EPS guidance: $2.20 - $2.25
Full year EPS guidance: $9.00 - $9.10

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Referenced Symbols: PVH ,

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