G-III Apparel Group, LTD. (NASDAQ:GIII) will be releasing its earnings data before the market opens on Wednesday, September 6th. Analysts expect G-III Apparel Group, LTD. to post earnings of ($0.26) 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 earnings results on Tuesday, June 6th. The textile maker reported ($0.18) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.40) by $0.22. The firm had revenue of $529 million during the quarter, compared to analysts’ expectations of $497.88 million. G-III Apparel Group, LTD. had a return on equity of 5.57% and a net margin of 1.58%. The company’s quarterly revenue was up 15.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.06 EPS. 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.

G-III Apparel Group, LTD. (GIII) opened at 26.97 on Wednesday. The stock has a market cap of $1.31 billion, a PE ratio of 32.97 and a beta of 0.33. The stock 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 one year low of $18.00 and a one year high of $42.40.

Several analysts have recently issued reports on the stock. BidaskClub raised shares of G-III Apparel Group, LTD. from a “hold” rating to a “buy” rating in a research note on Saturday. KeyCorp reissued a “buy” rating and set a $41.00 price objective on shares of G-III Apparel Group, LTD. in a research note on Thursday, August 24th. Piper Jaffray Companies raised shares of G-III Apparel Group, LTD. from a “neutral” rating to an “overweight” rating and set a $27.00 price objective for the company in a research note on Wednesday, August 23rd. Standpoint Research cut shares of G-III Apparel Group, LTD. from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th. Finally, Cowen and Company set a $23.00 price objective on shares of G-III Apparel Group, LTD. and gave the company a “hold” rating in a research note on Monday, August 14th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock currently 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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