V.F. Corp. (VFC) Tops Q3 EPS by 5c; Tempers FY16 Growth Outlook

October 24, 2016 6:56 AM EDT

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

V.F. Corp. (NYSE: VFC) reported Q3 EPS of $1.20, $0.05 better than the analyst estimate of $1.15. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.63 billion.


V.F. Corp. sees FY2016 EPS of $3.13, versus the consensus of $3.20. V.F. Corp. sees FY2016 revenue of $12.2 billion, versus the consensus of $12.43 billion.

Growth terms: Revenue, on a currency neutral basis, is expected to increase 2 percent to about $12.2 billion compared to the previous estimate of 3 to 4 percent growth. Reported earnings per share is expected to increase 3 percent to $3.13 (up 7 percent currency neutral) compared with previous expectation of a 5 percent increase to $3.20 (up 11 percent currency neutral).

For earnings history and earnings-related data on V.F. Corp. (VFC) click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Earnings, Guidance, Hot Guidance

Related Entities


Add Your Comment