G-III Apparel Group, LTD. (NASDAQ:GIII) will be releasing its quarterly earnings data before the market opens on Monday, August 28th. Analysts expect G-III Apparel Group, LTD. to post earnings of ($0.27) per share for the quarter. G-III Apparel Group, LTD. has set its Q2 guidance at ($0.34)-($0.24) EPS and its FY18 guidance at $1.20-1.30 EPS.

G-III Apparel Group, LTD. (NASDAQ:GIII) last announced its quarterly earnings results on Tuesday, June 6th. The textile maker reported ($0.18) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.22. G-III Apparel Group, LTD. had a return on equity of 5.57% and a net margin of 1.58%. The firm had revenue of $529 million for the quarter, compared to analysts’ expectations of $497.88 million. During the same period in the prior year, the business posted $0.06 earnings per share. The business’s revenue was up 15.7% compared to the same quarter last year. On average, analysts expect G-III Apparel Group, LTD. to post $1.26 EPS for the current fiscal year and $1.82 EPS for the next fiscal year.

Shares of G-III Apparel Group, LTD. (NASDAQ:GIII) opened at 27.20 on Friday. The company has a market capitalization of $1.32 billion, a PE ratio of 33.25 and a beta of 0.33. The firm has a 50-day moving average price of $24.97 and a 200-day moving average price of $24.06. G-III Apparel Group, LTD. has a 12 month low of $18.00 and a 12 month high of $41.84.

A number of equities research analysts recently issued reports on GIII shares. Piper Jaffray Companies set a $22.00 price objective on G-III Apparel Group, LTD. and gave the stock a “hold” rating in a research report on Tuesday, June 6th. Telsey Advisory Group increased their price objective on G-III Apparel Group, LTD. from $24.00 to $27.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 7th. BidaskClub upgraded G-III Apparel Group, LTD. from a “sell” rating to a “hold” rating in a research report on Wednesday, June 14th. Wunderlich reiterated a “buy” rating and issued a $33.00 price objective on shares of G-III Apparel Group, LTD. in a research report on Tuesday, June 6th. Finally, Buckingham Research reiterated a “buy” rating and issued a $28.00 price objective on shares of G-III Apparel Group, LTD. in a research report on Monday, July 17th. Seven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $30.27.

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G-III Apparel Group, LTD. Company Profile

G-III Apparel Group, Ltd. designs, manufactures and markets a range of apparel products. The Company operates through two segments: wholesale operations and retail operations. Its apparel products include outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage.

Earnings History for G-III Apparel Group, LTD. (NASDAQ:GIII)

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