Piper Cuts Ests on G-III Apparel Group (GIII) Following Q2 Report; PT Drops to $31
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Piper Jaffray Remains Sidelined on G-III Apparel Group (GIII) Following 2Q Miss
August 30, 2016 8:42 AM EDTPiper Jaffray maintained a Neutral rating and $48.00 price target on G-III Apparel Group (NASDAQ: GIII) following the company's 2Q earnings report. Sales were down 7% to $442M vs. the Street's $485M. The company reported a LPS of ($0.03), well below guidance and the Street's $0.18.
Analyst Erinn Murphy commented, "We... More
G-III Apparel Group (GIII) Misses Q2 EPS by 21c; FY17 Guidance Cut
August 30, 2016 7:09 AM EDTG-III Apparel Group (NASDAQ: GIII) reported Q2 EPS of ($0.03), $0.21 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $442.3 million versus the consensus estimate of $484.85 million.
GUIDANCE:
G-III Apparel Group sees FY2017 EPS of $2.16-$2.26, versus prior... More
