PVH Corp reports results for the quarter ended July 31 - Earnings Summary

• PVH Corp PVH.N reported quarterly adjusted earnings of $2.52​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of $3.01. The mean expectation of fourteen analysts for the quarter was for earnings of $2.01 per share. Wall Street expected results to range from $1.88 to $2.13 per share.

• Revenue rose 4.5% to $2.17 billion from a year ago; analysts expected $2.12 billion.

• PVH Corp's reported EPS for the quarter was $4.63​.

• The company reported quarterly net income of $224.2 million.

• PVH Corp shares had risen by 19.0% this quarter and lost 22.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 18.8% 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 8 "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 $82.00, about 0.6% above its last closing price of $82.49

This summary was machine generated from LSEG data August 26 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)