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GIII
Benzinga
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Top Wall Street Forecasters Revamp G-III Apparel Expectations Ahead Of Q1 Earnings

1. GIII Apparel to report Q1 results on June 6, predicting 13 cents earnings. 2. Quarterly revenue projected at $580.37 million, down from $609.75 million last year. 3. Fourth-quarter sales rose 9.8%, surpassing analyst expectations of $807.590 million. 4. Analysts maintain mixed ratings; one upgraded price target to $38, another at $30. 5. GIII shares recently fell 2.6% to close at $27.67 on Thursday.

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FAQ

Why Neutral?

Current earnings expectations are slightly improved, but revenue decline impacts sentiment.

How important is it?

The release of earnings is crucial for GIII's performance evaluation, influencing market behavior.

Why Short Term?

Earnings report is imminent; immediate investor reactions will follow.

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