G-III Apparel Group (NASDAQ: GIII) releases its next round of earnings this Wednesday, June 5. Here's Benzinga's essential guide to G-III Apparel Group's Q1 earnings report.
Earnings and Revenue
Analysts expect G-III Apparel Group earnings of 22 cents per share. Revenue will likely be around $650.45 million, according to the consensus estimate.
G-III Apparel Group EPS in the same period a year ago totaled 22 cents. Revenue was $611.74 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 0.00 percent. Sales would be up 6.33 percent on a year-over-year basis. Here's how the G-III Apparel Group's reported EPS has stacked up against analyst estimates in the past:
|Quarter||Q4 2019||Q3 2019||Q2 2019||Q1 2019||Q4 2018|
Shares of G-III Apparel Group were trading at $25.79 as of June 3. Over the last 52-week period, shares are down 38.83 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analysts have not modified their estimates for EPS and revenues over the past 90 days. Analysts generally rate G-III Apparel Group stock as Neutral. The strength of this rating has maintained conviction over the past three months.
G-III Apparel Group is scheduled to hold a conference call at 8:30 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/9mv9txbc
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