PVH (PVH) is predicted to ship a year-over-year decline in earnings on greater revenues when it exp
PVH (PVH) is predicted to ship a year-over-year decline in earnings on greater revenues when it experiences outcomes for the quarter ended October 2019. This widely-known consensus outlook provides a superb sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a robust issue that might impression its near-term inventory worth.
The inventory would possibly transfer greater if these key numbers prime expectations within the upcoming earnings report, which is predicted to be launched on November 25. However, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the speedy worth change and future earnings expectations will principally rely on administration’s dialogue of enterprise circumstances on the earnings call, it is value handicapping the likelihood of a constructive EPS shock.
Zacks Consensus Estimate
This proprietor of the Calvin Klein and Tommy Hilfiger manufacturers is predicted to publish quarterly earnings of $three per share in its upcoming report, which represents a year-over-year change of -6.5%.
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