PVH Q1 EPS $2.14 Beats $1.93 Estimate, Sales $2.16B Beat $2.12B Estimate
Portfolio Pulse from Happy Mohamed
PVH Corp reported Q1 earnings of $2.14 per share, beating the analyst consensus estimate of $1.93 by 10.88%. Quarterly sales were $2.16 billion, surpassing the estimate of $2.12 billion by 1.79%. Both earnings and sales increased compared to the same period last year.
May 31, 2023 | 8:17 pm
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PVH Corp's Q1 earnings and sales exceeded analyst estimates, with a 10.88% higher EPS and a 1.79% higher sales figure compared to expectations.
PVH Corp's Q1 earnings beat analyst estimates, which is a positive signal for investors. The 10.88% higher EPS and 1.79% higher sales indicate strong financial performance, which could lead to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100