Perry Ellis Int'l (PERY) Tops Q1 EPS by 10c, Beat on Revenues

Perry Ellis Int'l (NASDAQ: PERY) reported Q1 EPS of $0.83, $0.10 better than the analyst estimate of $0.73. Revenue for the quarter came in at $242 million versus the consensus estimate of $232.92 million.

Key Fiscal First Quarter 2018 Financial Accomplishments and Operational Highlights:

• Total Revenues of $242 million, ahead of guidance of $230 to $235 million and compared to $261 million reported in the first quarter of fiscal 2017
• GAAP diluted EPS of $0.83, ahead of guidance of $0.70 to $0.75 per diluted share and compared to GAAP diluted EPS of $0.95 per share and adjusted diluted EPS of $1.01 in the first quarter of fiscal 2017
• GAAP Gross margin expanded 120 basis points to 37.6%; and adjusted gross margin expanded 90 basis points

For earnings history and earnings-related data on Perry Ellis Int'l (PERY) click here.

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