Why Ralph Lauren Shares Jumped Today
Ralph Lauren (NYSE: RL) stock has jumped today, up by 10% as of 12:45 p.m. EDT, after the clothing specialist reported better-than-expected fiscal first-quarter earnings.
The company posted revenue of $1.35 billion, down from $1.55 billion a year ago but slightly ahead of analyst expectations. Adjusted earnings per share came in at $1.11, easily beating the $0.96 per share in adjusted profit that the Street was modeling for.
Image source: Getty Images.
Source: Fool.com
Ralph Lauren A Aktie
150,62 €
-0,45 %
Reines Buy-Sentiment für Ralph Lauren A, keine Sell-Einschätzungen in Sicht.
Das Community-Kursziel von 166 € für Ralph Lauren A deutet auf ein leicht positives Wachstumspotenzial gegenüber 150.62 € hin.
