V.F. Corp. (VFC) Misses Q4 EPS by 1c

V.F. Corp. (NYSE: VFC) reported Q4 EPS of $1.01, $0.01 worse than the analyst estimate of $1.02. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.66 billion.

Outlook For Transition Quarter Ending March 31, 2018

VF’s outlook for the transition quarter ending March 31, 2018 includes the following:

• Revenue is expected to approximate $2.9 billion, up 16 percent, including about a $200 million contribution from the Williamson-Dickie acquisition. Excluding the Williamson-Dickie acquisition, revenue is expected to increase at a high single-digit rate due in part to changes in foreign currency.
• Adjusted earnings per share is expected to approximate $0.65, up 27 percent, including about a $0.02 contribution from the Williamson-Dickie acquisition. Excluding the Williamson-Dickie acquisition, adjusted earnings per share is expected to increase more than 20 percent due in part to changes in foreign currency.

For earnings history and earnings-related data on V.F. Corp. (VFC) click here.

You May Also Be Interested In

• Citi cuts Micron stock target, sees memory chip prices peaking in 2Q27
• Jefferies Upgrades Arteris, Inc (AIP) to Buy
• Soligenix, Inc. (SNGX) Tops Q2 EPS by 8c