Michael Kors (KORS) Tops Q3 EPS by 48c, Revenue Beats

Michael Kors (NYSE: KORS) reported Q3 EPS of $1.77, $0.48 better than the analyst estimate of $1.29. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.38 billion.

GUIDANCE:

Michael Kors sees Q4 2018 EPS of $0.50-$0.55, versus the consensus of $0.59. Michael Kors sees Q4 2018 revenue of $1.11-1.13 billion, versus the consensus of $1.14 billion.

Michael Kors sees FY2018 EPS of $4.40-$4.45, versus the consensus of $4.00. Michael Kors sees FY2018 revenue of $4.66 billion, versus the consensus of $4.62 billion.

For earnings history and earnings-related data on Michael Kors (KORS) click here.

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