PVH (NYSE:PVH) will announce earnings results, beating revenue expectations last quarter by 2.6% with $1.98 billion in revenues, up 1.6% year on year. Full-year EPS guidance missed estimates significantly. Analysts expect revenue to grow 2.1% to $2.12 billion this quarter, with adjusted earnings at $2.00 per share. Analysts have become more bullish on PVH, with 4 upward revenue revisions in the last 30 days. Peers Figs and Kontoor Brands reported revenue growth of 5.8% and 8.5%, respectively. Apparel and accessories segment share prices are up 5.3% on average. PVH is up 4%, with an average analyst price target of $91.21.
Read more at Stockstory.org – Barchart: What To Look For From PVH
