PVH: Fiscal Q4 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — PVH Corp. (PVH) on Monday reported fiscal fourth-quarter earnings of $157.2 million.
On a per-share basis, the New York-based company said it had net income of $2.83. Earnings, adjusted for non-recurring costs, were $3.27 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $3.19 per share.
The owner of the Calvin Klein and Tommy Hilfiger brands posted revenue of $2.37 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $2.34 billion.
For the year, the company reported profit of $598.5 million, or $10.56 per share. Revenue was reported as $8.65 billion.
For the current quarter ending in April, PVH expects its per-share earnings to range from $2.10 to $2.25.
The company expects full-year earnings in the range of $12.40 to $12.75 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVH at https://www.zacks.com/ap/PVH
