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PVH Corp. Q3 adjusted earnings Beat Estimates


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

The company's bottom line came in at $243.1 million, or $3.15 per share. This compares with $239.2 million, or $3.05 per share, in last year's third quarter.

Excluding items, PVH Corp. reported adjusted earnings of $247.8 million or $3.21 per share for the period.

Analysts had expected the company to earn $3.14 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.2% to $2.38 billion from $2.22 billion last year.

PVH Corp. earnings at a glance:


-Earnings (Q3): $247.8 Mln. vs. $237.4 Mln. last year.
-EPS (Q3): $3.21 vs. $3.02 last year.
-Analysts Estimate: $3.14
-Revenue (Q3): $2.38 Bln vs. $2.22 Bln last year.

<b>-Guidance</b>:

Next quarter EPS guidance: $1.58 to $1.60
Full year EPS guidance: $9.33 to $9.35

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



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