PVH Corp reports results for the quarter ended April 30 - Earnings Summary

• PVH Corp PVH.N reported quarterly adjusted earnings of $2.30​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $2.45. The mean expectation of fifteen analysts for the quarter was for earnings of $2.25 per share. Wall Street expected results to range from $2.17 to $2.32 per share.

• Revenue rose 1.6% to $1.98 billion from a year ago; analysts expected $1.93 billion.

• PVH Corp's reported EPS for the quarter was a loss of 88 cents​.

• The company reported a quarterly loss of $44.8 million.

• PVH Corp shares had risen by 27.6% this quarter and lost 22.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 6.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"

• Wall Street's median 12-month price target for PVH Corp is $94.00

This summary was machine generated from LSEG data June 4 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)