Investing.com - Ralph Lauren A reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Ralph Lauren A announced earnings per share of $-0.68 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $-0.1 on revenue of $1.28B. That with comparison to EPS of $1.07 on revenue of $1.51B in the same period a year before.Ralph Lauren A had reported EPS of $2.86 on revenue of $1.75B in the previous quarter.Analysts are expecting EPS of $-0.12 and revenue of $919.76M in the upcoming quarter.
Ralph Lauren A shares are down 30% from the beginning of the year and are trading at $81.58 , down-from-52-week-high.They are under-performing the S&P 500 which is down 7.18% year to date.
Ralph Lauren A shares gained 0.27% in intra-day trade the report.
Ralph Lauren A follows other major Consumer Cyclical sector earnings this month
Ralph Lauren A's report follows an earnings matched by Toyota Motor ADR on May 12, who reported EPS of $0.43 on revenue of $66.21B, compared to forecasts EPS of $0.43 on revenue of $63.42B.
Tesla had beat expectations on April 29 with first quarter EPS of $1.24 on revenue of $5.99B, compared to forecast for EPS of $-0.28 on revenue of $6.11B.
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