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PVH Corp. Q2 adjusted earnings Beat Estimates


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(RTTNews.com) - PVH Corp. ( PVH ) announced a profit for its second quarter that climbed from the same period last year.

The company's earnings came in at $165.2 million, or $2.12 per share. This compares with $119.7 million, or $1.52 per share, in last year's second quarter.

Excluding items, PVH Corp. reported adjusted earnings of $170.1 million or $2.18 per share for the period.

Analysts had expected the company to earn $2.10 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.6% to $2.33 billion from $2.07 billion last year.

PVH Corp. earnings at a glance:


-Earnings (Q2): $170.1 Mln. vs. $133.1 Mln. last year.
-EPS (Q2): $2.18 vs. $1.69 last year.
-Analysts Estimate: $2.10
-Revenue (Q2): $2.33 Bln vs. $2.07 Bln last year.

<b>-Guidance</b>:

Full year EPS guidance: $9.20 - $9.25

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This article appears in: Fundamental Analysis , World Markets , Stocks , Technology , Earnings
Referenced Symbols: PVH



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