Plus   Neg

PVH Corp. Q4 adjusted earnings Beat Estimates

PVH Corp. (PVH) revealed a profit for its fourth quarter that climbed from last year.

The company's profit totaled $158.7 million, or $2.09 per share. This compares with $108.5 million, or $1.39 per share, in last year's fourth quarter.

Excluding items, PVH Corp. reported adjusted earnings of $139.7 million or $1.84 per share for the period.

Analysts had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.8% to $2.48 billion from $2.50 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q4): $139.7 Mln. vs. $123.7 Mln. last year.
-EPS (Q4): $1.84 vs. $1.58 last year.
-Analysts Estimate: $1.76
-Revenue (Q4): $2.48 Bln vs. $2.50 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT