Iconix Brand Group (ICON) Reports Q3 EPS of $0.24, Updates FY Guidance

Iconix Brand Group (NASDAQ: ICON) reported Q3 EPS of $0.24, versus $0.18 reported last year. Revenue for the quarter came in at $53.2 million, versus $60.5 million reported last year.

2017 Guidance

The Company is updating its guidance for 2017 as follows;

• The Company expects revenue to be at the low end of its guidance range of $225 million to $235 million.
• The Company is adjusting it 2017 GAAP EPS guidance to reflect the impairment charge and now expects 2017 GAAP EPS, to be in a range of a loss of ($9.89) to ($9.79)
• The Company expects 2017 non-GAAP EPS to be slightly above its guidance range of $0.65 to $0.70.
• The Company expects full year 2017 free cash flow to be at the low end of its guidance range of $65 million to $82 million.

For earnings history and earnings-related data on Iconix Brand Group (ICON) click here.

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