VF Q2 EPS $0.63 Misses $0.66 Estimate, Sales $3.03B Beat $3.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
VF Corporation (NYSE:VFC) reported Q2 earnings of $0.63 per share, missing the analyst consensus estimate of $0.66 by 4.55%. This is a 13.7% decrease from the same period last year. However, the company's quarterly sales of $3.03 billion beat the analyst consensus estimate of $3.02 billion by 0.47%, despite being a 1.52% decrease from the same period last year.
October 30, 2023 | 8:06 pm
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VF Corporation's Q2 earnings missed analyst estimates, but sales beat expectations. This mixed report may lead to uncertainty in the market.
VF Corporation's earnings miss could negatively impact the stock price, but the sales beat could offset this. The mixed results may lead to uncertainty among investors, potentially causing volatility in the stock price.
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RELEVANCE 100