• G-III Apparel Group Ltd GIII.OQ reported quarterly adjusted earnings of 25 cents​​ per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of four analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 4 cents to 12 cents per share.

• Revenue fell 4.9% to $613.27 million from a year ago; analysts expected $571.31 million.

• G-III Apparel Group Ltd's reported EPS for the quarter was 25 cents​.

• The company reported quarterly net income of $10.94 million.

• G-III Apparel Group Ltd shares had risen by 21.1% this quarter and lost 16.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 80.9% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 2 "hold" and 1 "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 $26.50, about 2.3% below its last closing price of $27.12

This summary was machine generated from LSEG data September 4 at 01:31 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)