G-III Apparel Group, Ltd. Announces First Quarter Fiscal 2016 Results
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Piper Jaffray Raised the Price Target on G-III Apparel Group (GIII) Following Q1 EPS Beat
June 3, 2015 8:12 AM EDTPiper Jaffray reiterates an Overweight rating on G-III Apparel (NASDAQ: GIII), and raised the price target to $74.00 (from $67.00), following Q1. EPS of $0.15 was more than 2x Piper Jaffray's $0.07 estimate. FY16 EPS was guided up from $2.53-$2.63 to $2.66-$2.76.
Analyst Erin Murphy commented, "We... More
UPDATE: G-III Apparel Group (GIII) Tops Q1 EPS by 9c, Offers Q2 & FY Guidance
June 2, 2015 4:05 PM EDT(Updated - June 2, 2015 4:07 PM EDT)
(Update corrects Q2 guidance range)
G-III Apparel Group (NASDAQ: GIII) reported Q1 EPS of $0.15, $0.09 better than the analyst estimate of $0.06. Revenue for the quarter came in at $433 million versus the consensus estimate of $405.08 million.
G-III... More
