Ralph Lauren Reports Third Quarter Fiscal 2020 Results
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Ralph Lauren (RL) PT Raised to $140 at Wells Fargo
February 4, 2020 12:10 PM ESTWells Fargo analyst Ike Boruchow raised the price target on Ralph Lauren (NYSE: RL) to $140.00 (from $135.00) while maintaining a Overweight rating following results.
raise FY20/FY21 EPS to $8.17/$8.86 (from $7.81/$8.77"Continue to buy the stock. 3Q was a reaffirming data point... MoreRalph Lauren (RL) Tops Q3 EPS by 41c, Offers Outlook
February 4, 2020 8:07 AM ESTRalph Lauren (NYSE: RL) reported Q3 EPS of $2.86, $0.41 better than the analyst estimate of $2.45. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.72 billion.
Full Year Fiscal 2020 and Fourth Quarter Outlook:
The full year Fiscal 2020 and fourth quarter guidance excludes restructuring-related and other charges, as described in the "Non-U.S. GAAP Financial Measures" section of this press release.
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