VF Q4 EPS $0.17 Beats $0.14 Estimate, Sales $2.74B Beat $2.73B Estimate
Portfolio Pulse from Bill Haddad
VF Corporation (NYSE:VFC) reported Q4 earnings of $0.17 per share, beating the analyst consensus estimate of $0.14 by 21.43%. Quarterly sales were $2.74 billion, surpassing the estimate of $2.73 billion by 0.35%. However, this represents a 62.22% decrease in earnings and a 3.01% decrease in sales compared to the same period last year.
May 23, 2023 | 8:09 pm
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VF Corporation's Q4 earnings and sales beat analyst estimates, but both earnings and sales have decreased compared to the same period last year.
VF Corporation's Q4 earnings and sales beat analyst estimates, which could be seen as a positive sign for investors. However, the significant decrease in earnings (62.22%) and a slight decrease in sales (3.01%) compared to the same period last year may offset any potential positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100