23.03.2016 21:18:50

PVH Corp. Q4 Earnings Drop 15%

(RTTNews) - PVH Corp. (PVH) released a profit for fourth quarter that fell compared to the same period last year.

The company said its earnings fell to $125.2 million, or $1.52 per share. This was down from $147.1 million, or $1.76 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.9% to $2.11 billion. This was up from $2.07 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q4): $125.2 Mln. vs. $147.1 Mln. last year. -Earnings Decline (Y-o-Y): -14.9% -EPS (Q4): $1.52 vs. $1.76 last year. -EPS Decline (Y-o-Y): -13.6% -Analysts Estimate: $1.46 -Revenue (Q4): $2.11 Bln vs. $2.07 Bln last year. -Revenue Change (Y-o-Y): 1.9%

-Guidance: Next quarter EPS guidance: $1.40 - $1.45

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