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PVH Corp. (PVH) Has Gapped Open Sharply Higher After Q4 Report

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PVH Corp. (PVH: Quote) reported fourth quarter adjusted EPS of $1.43 after the close Tuesday, down from $1.60 last year. Analysts expected EPS of $1.42. The company expects to report first quarter adjusted EPS of $1.45 to $1.50 and between $7.40 and $7.50 for the full year 2014. The consensus estimates are for EPS of $1.70 and $7.80.

PVH gapped open sharply higher Wednesday morning and is now up 8.20 at $125.45. The stock has jumped to a 2-week high and has re-crossed its 50-day moving average.

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by RTT Staff Writer

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