Published on 24 May 2022 on Zacks via Yahoo Finance
Ralph Lauren (RL) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 63.33%. A quarter ago, it was expected that this upscale clothing company would post earnings of $2.17 per share when it actually produced earnings of $2.94, delivering a surprise of 35.48%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.