G-III Apparel Group (GIII) Set to Announce Quarterly Earnings on Tuesday
G-III Apparel Group (NASDAQ:GIII) is scheduled to issue its quarterly earnings data on Tuesday, June 3rd. G-III Apparel Group has set its Q1 guidance at ($0.20)-(0.10) EPS and its FY15 guidance at $3.95-4.10 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.
G-III Apparel Group (NASDAQ:GIII) last released its earnings data on Tuesday, March 25th. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.49 by $0.13. The company had revenue of $472.80 million for the quarter, compared to the consensus estimate of $489.26 million. During the same quarter in the prior year, the company posted $0.41 earnings per share. The company’s quarterly revenue was up 26.0% on a year-over-year basis. On average, analysts expect G-III Apparel Group to post $4.09 EPS for the current fiscal year and $4.89 EPS for the next fiscal year.
Shares of G-III Apparel Group (NASDAQ:GIII) opened at 73.32 on Monday. G-III Apparel Group has a 52 week low of $41.56 and a 52 week high of $77.22. The stock’s 50-day moving average is $72.3 and its 200-day moving average is $69.38. The company has a market cap of $1.504 billion and a P/E ratio of 19.60.
Several analysts have recently commented on the stock. Analysts at Piper Jaffray raised their price target on shares of G-III Apparel Group from $80.00 to $85.00 in a research note on Tuesday, April 8th. On the ratings front, analysts at Cowen and Company raised their price target on shares of G-III Apparel Group from $75.00 to $80.00 in a research note on Wednesday, April 2nd. Finally, analysts at Barclays initiated coverage on shares of G-III Apparel Group in a research note on Tuesday, March 18th. They set an “overweight” rating and a $82.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $74.13.
G-III Apparel Group, Ltd. (NASDAQ:GIII) designs, manufactures and markets a range of apparel, including outerwear, dresses, sportswear, women’s suits and women’s performance wear, as well as luggage and women’s handbags, small leather goods and cold weather accessories.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.