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PVH Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Published 29/08/2023, 15:18
© Reuters.  PVH Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
PVH
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Benzinga - by Lisa Levin, Benzinga Editor.

PVH Corp. (NYSE: PVH) is expected to report financial results for the second quarter 2023, after the closing bell on Aug. 29, 2023.

Analysts expect the company to post quarterly earnings at $1.75 per share, down from year-ago earnings of $2.08 per share. The company’s revenue might come in at $2.19 billion, compared to $2.13 billion in the year-ago period.

PVH shares gained 0.4% to close at $78.38 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

  • TD Cowen analyst John Kernan maintained a Market Perform rating and cut the price target from $95 to $92 on June 2, 2023. This analyst has an accuracy rate of 70%.
  • UBS analyst Jay Sole maintained a Buy rating and increased the price target from $92 to $115 on April 4, 2023. This analyst has an accuracy rate of 71%.
  • JP Morgan analyst Matthew Boss maintained a Neutral rating and raised the price target from $97 to $100 on April 3, 2023. This analyst has an accuracy rate of 68%.
  • Guggenheim analyst Robert Drbul maintained a Buy rating and increased the price target from $105 to $110 on March 30, 2023. This analyst has an accuracy rate of 73%.
  • Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and raised the price target from $51 to $77 on March 29, 2023. This analyst has an accuracy rate of 78%.
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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