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Oxford Industries Inc Q1 adjusted earnings Beat Estimates

Oxford Industries Inc (OXM) revealed a profit for its first quarter that advanced from the same period last year.

The company's profit came in at $21.66 million, or $1.29 per share. This compares with $20.57 million, or $1.23 per share, in last year's first quarter.

Excluding items, Oxford Industries Inc reported adjusted earnings of $21.9 million or $1.30 per share for the period.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.4% to $281.97 million from $272.63 million last year.

Oxford Industries Inc earnings at a glance:

-Earnings (Q1): $21.9 Mln. vs. $21.4 Mln. last year.
-EPS (Q1): $1.30 vs. $1.28 last year.
-Analysts Estimate: $1.21
-Revenue (Q1): $281.97 Mln vs. $272.63 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.80 to $1.90
Next quarter revenue guidance: $300 - $310 Mln
Full year EPS guidance: $4.45 and $4.65.
Full year revenue guidance: $1.135 - $1.155 Bln

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