G-III Apparel Forecasts FY24 Sales Of $3.29B Vs. Consensus Of $3.19B, With Adjusted EPS Of $2.80-$2.90 Vs. Consensus Of $2.54
Portfolio Pulse from Benzinga Newsdesk
G-III Apparel forecasts FY24 sales of $3.29B, surpassing the consensus of $3.19B, and adjusted EPS of $2.80-$2.90, beating the consensus of $2.54.
June 06, 2023 | 11:06 am
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POSITIVE IMPACT
G-III Apparel's FY24 sales and adjusted EPS forecasts exceed consensus estimates, indicating strong financial performance.
G-III Apparel's higher-than-expected FY24 sales and adjusted EPS forecasts indicate a strong financial performance, which is likely to have a positive impact on the stock price in the short term. Investors may view this as a sign of the company's growth potential and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100