PVH Corp Q3 2023 Adj. EPS $2.90 Beats $2.73 Estimate, Revenue $2.363B Misses $2.410B Estimate
Portfolio Pulse from Benzinga Newsdesk
PVH Corp reported Q3 2023 adjusted earnings per share (EPS) of $2.90, surpassing the analyst estimate of $2.73. However, their revenue of $2.363 billion fell short of the expected $2.410 billion.

November 29, 2023 | 9:19 pm
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NEUTRAL IMPACT
PVH Corp's Q3 2023 adjusted EPS exceeded expectations, but revenue did not meet the forecasted amount.
The mixed results with a positive EPS beat and a slight revenue miss could lead to a neutral short-term impact on PVH Corp's stock price. While the earnings beat is positive, the revenue miss may raise concerns about growth and sales performance, potentially balancing out investor sentiment.
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IMPORTANCE 75
RELEVANCE 100