Perry Ellis Int'l (PERY) Tops Q3 EPS by 8c; Maintains Outlook

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Brean Capital Raises Price Target on Perry Ellis Int'l (PERY) to $27 Following 3Q

November 18, 2016 10:15 AM EST

Brean Capital reiterated a Buy rating on Perry Ellis Int'l (NASDAQ: PERY), and raised the price target to $27.00 (from $25.00), following the company's 3Q earnings report. PERY delivered EPS of $0.23, well above the consensus estimates for $0.15. Results were largely driven by better-than-expected GM. Revenues of $194M were in line with expectations and guidance.

Analyst Eric Tracy... More