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V.F. Corp. (VFC) Has Climbed To A New High On Q4 Earnings News

V.F. Corp. (VFC: Quote) reported fourth quarter adjusted EPS of $2.32 Thursday morning, up from $1.78 last year. The consensus estimate was for EPS of $2.31. The company also announced that full year 2012 adjusted EPS is expected to come in at about $9.30. The consensus estimate is for EPS of $9.53.

Shares of V.F. Corp. have been rising sharply since the open Thursday and are now up 3.60 at $146.85. The stock has been gaining ground for nearly 2 weeks and has set a new high for the year.

by RTT Staff Writer

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