G-III Apparel Group (NASDAQ:GIII) reported its Q1 earnings results on Tuesday, June 6, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
G-III Apparel Group beat estimated earnings by 230.0%, reporting an EPS of $0.13 versus an estimate of $-0.1.
Revenue was down $82.17 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.02 which was followed by a 1.57% drop in the share price the next day.
Here’s a look at G-III Apparel Group’s past performance:
| Quarter | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.43 | 1.81 | 0.47 | 0.55 |
| EPS Actual | 0.41 | 1.35 | 0.39 | 0.72 |
| Revenue Estimate | 769.28M | 1.06B | 594.78M | 589.73M |
| Revenue Actual | 854.43M | 1.08B | 605.24M | 688.76M |
To track all earnings releases for G-III Apparel Group visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
