• G-III Apparel Group Ltd GIII.OQ reported quarterly adjusted earnings of $2.59​​ per share for the quarter ended October 31, lower than the same quarter last year, when the company reported EPS of $2.78. The mean expectation of six analysts for the quarter was for earnings of $2.27 per share. Wall Street expected results to range from $2.19 to $2.30 per share.

• Revenue rose 1.8% to $1.09 billion from a year ago; analysts expected $1.10 billion.

• G-III Apparel Group Ltd's reported EPS for the quarter was $2.55​.

• The company reported quarterly net income of $114.77 million.

• G-III Apparel Group Ltd shares had risen by 3.5% this quarter and lost 7.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories peer group is also "hold"

Wall Street's median 12-month price target for G-III Apparel Group Ltd is $33.00

This summary was machine generated from LSEG data December 10 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)