G-III Apparel Group (GIII) Misses Q3 EPS by 4c, Offers Guidance

G-III Apparel Group (NASDAQ: GIII) reported Q3 EPS of $1.50, $0.04 worse than the analyst estimate of $1.54. Revenue for the quarter came in at $883.5 million versus the consensus estimate of $937.56 million.

GUIDANCE:

G-III Apparel Group sees FY2017 EPS of $1.90-$2.00, versus prior guidance of $2.20-$2.30, which may not compare to consensus of $2.11. G-III Apparel Group sees FY2017 revenue of $2.41 billion vs prior $2.78 billion, which may not compare to consensus of $2.46 billion.

For earnings history and earnings-related data on G-III Apparel Group (GIII) click here.

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