PVH Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
PVH Corp. is anticipated to report higher Q4 earnings with an expected EPS of $3.52, up from $2.38 in the previous year. Despite this, projected quarterly revenue is slightly lower at $2.42 billion compared to $2.49 billion. The company declared a quarterly cash dividend of $0.0375 per share. Analysts from TD Cowen, Goldman Sachs, Wells Fargo, UBS, and BMO Capital have updated their ratings and price targets for PVH, with most maintaining positive outlooks and raising their price targets.
April 01, 2024 | 12:11 pm
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PVH Corp. is expected to report higher Q4 earnings with an EPS increase and a slight revenue dip. The company also declared a quarterly dividend. Analysts have raised price targets, indicating a positive outlook.
The expected increase in EPS for PVH Corp. suggests a strong financial performance, likely to positively impact its stock price in the short term. The declaration of a dividend and the upward revision of price targets by analysts further support a positive outlook. However, the slight dip in projected revenue introduces a note of caution, hence the importance is not at the maximum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100