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Perry Ellis International (PERY) Rose Sharply On Q4 Earnings News

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Perry Ellis International (PERY) reported fourth quarter adjusted net income of $0.50 per share Thursday morning, up from $0.38 per share in the prior year. The consensus estimate was for EPS of $0.48. The company expects to report full year 2014 adjusted EPS of $1.50 to $1.60. The consensus estimate is for EPS of $1.60.

Perry Ellis gapped up Thursday and climbed throughout the first half of the morning. Shares finished up by 1.11 at $18.51 on above average volume. The stock rose to over a one-month high and re-crossed its 50-day moving average.

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