RTTNews | Dec 2, 2020 04:39PM EST

16:38 Wednesday, December 2, 2020 (RTTNews.com) - PVH Corp. (PVH) reported earnings for third quarter that dropped from last year.

The company's bottom line totaled $69.8 million, or $0.98 per share. This compares with $209.2 million, or $2.82 per share, in last year's third quarter.

Excluding items, PVH Corp. reported adjusted earnings of $94.2 million or $1.32 per share for the period.

Analysts had expected the company to earn $0.24 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 17.3% to $2.01 billion from $2.43 billion last year.

PVH Corp. earnings at a glance:

-Earnings (Q3): $94.2 Mln. vs. $229.5 Mln. last year.-EPS (Q3): $1.32 vs. $3.10 last year.-Analysts Estimate: $0.24-Revenue (Q3): $2.01 Bln vs. $2.43 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3150442/pvh-corp-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved