Benzinga | Dec 1, 2020 10:14AM EST

Earnings Outlook for PVH

PVH (NYSE:PVH) releases its next round of earnings this Wednesday, December 02. Get the latest predictions in Benzinga's essential guide to the company's Q3 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Analysts predict PVH will report earnings of $0.18 per share on revenue of $1.99 billion. In the same quarter last year, PVH reported EPS of $3.1 on revenue of $2.59 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be down 94.19%. Revenue would be down 23.11% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019EPS Estimate -2.42 -1.28 1.81 2.99EPS Actual 0.13 -3.03 1.88 3.10Revenue Estimate 1.25 B 1.40 B 2.50 B 2.54 BRevenue Actual 1.58 B 1.34 B 2.60 B 2.59 B

Stock Performance

Shares of PVH were trading at $79.5 as of November 30. Over the last 52-week period, shares are down 15.03%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. PVH is scheduled to hold the call at 09:00:00 ET and can be accessed here.