V.F. Corp. (VFC) Tops Q3 EPS by 5c; Tempers FY16 Growth Outlook
Get Alerts VFC Hot Sheet
Revenue Growth %: -10.6%
Financial Fact:
Marketing, administrative and general expenses: 1.05B
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
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.
GUIDANCE:
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
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- World Kinect Corporation (WKC) Misses Q1 EPS by 2c, Misses on Revenue
- Intel (INTC) tops Q1 EPS by 3c; misses on guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!