Iconix Brand Group, Inc. (ICON) Tops Q1 EPS by 9c; Raises Outlook

Iconix Brand Group, Inc. (NASDAQ: ICON) reported Q1 EPS of $0.72, $0.09 better than the analyst estimate of $0.63. Revenue for the quarter came in at $116.1 million versus the consensus estimate of $109.22 million.

Iconix Brand Group, Inc. sees FY2014 EPS of $2.55-$2.66, versus prior guidance of $2.5-$2.6 and the consensus of $2.58. Iconix Brand Group, Inc. sees FY2014 revenue of $450-460 million, versus prior guidance of $440-455 million and the consensus of $450.7 million.

Neil Cole, Chairman and CEO of Iconix Brand Group, Inc. commented, "With record results in the first quarter, 2014 is off to a strong start. Through our diversified portfolio of brands and expanding global footprint we continued to achieve strong growth. As we look ahead, we believe we can continue to deliver significant value to our Company and shareholders through a combination of organic growth driven by international expansion and Peanuts initiatives, as well as, additional acquisitions of global iconic brands."

For earnings history and earnings-related data on Iconix Brand Group, Inc. (ICON) click here.

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