VF Corp Bottom Line Advances In Q1

(RTTNews) - VF Corp (VFC) revealed a profit for its first quarter that increased from last year.

The company's bottom line came in at $261.16 million, or $0.64 per share. This compares with $213.28 million, or $0.51 per share, in last year's first quarter.

Analysts had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.0% to $3.05 billion from $2.50 billion last year.

VF Corp earnings at a glance:

-Earnings (Q1): $261.16 Mln. vs. $213.28 Mln. last year. -EPS (Q1): $0.64 vs. $0.51 last year. -Analysts Estimate: $0.65 -Revenue (Q1): $3.05 Bln vs. $2.50 Bln last year.

-Guidance: Full year EPS guidance: $13.45 - $13.55 Bln Full year revenue guidance: $3.48 - $3.53