Ralph Lauren Corp.'s stock surged 5.38% during pre-market trading on Thursday, indicating strong investor sentiment ahead of the company's scheduled earnings release.
The movement appears to be driven by anticipation of the company's fourth-quarter financial results, which are expected to be reported before the market opens. Analysts forecast Ralph Lauren's earnings per share (EPS) to be $2.54 for the quarter, with an adjusted EPS forecast of $2.55.