V.F. Shares Rise 1.26% as Investors Await Earnings Report

Zacks Investment Research··US·Read original
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Summary · why it matters

V.F. closed at $13.69, up 1.26% from the prior session, outperforming the S&P 500, which slipped 0.03%, while the Dow fell 0.31% and the Nasdaq gained 0.01%. The company is expected to report earnings per share of $0.51 for its upcoming quarter, down 1.92% from a year earlier, on revenue of $2.7 billion, a decline of 3.81%. For the full year, the Zacks Consensus Estimates call for earnings of $1.08 per share and revenue of $9.55 billion, representing year-over-year changes of positive 31.71% and negative 0.55%, respectively. Over the past 30 days, the consensus earnings estimate has risen 1.25%, and V.F. currently carries a Zacks Rank of #3, or Hold. The stock trades at a forward price-to-earnings ratio of 12.48, a discount to the industry average of 15.37, with a PEG ratio of 0.72 versus an industry average of 1.82.

Impact on assets 1

Consumer Discretionary▲ · 1 stocks
VF Corporation
VFC
± MixedCapitalrelevance

Article only reports V.F.'s share move and consensus earnings estimates ahead of its upcoming earnings report, with no new company-specific development.