FMP
Dec 5, 2023 3:18 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
G-III Apparel Group (NASDAQ:GIII) announced its latest earnings, which exceeded profit expectations. For the third quarter, the company reported an earnings per share (EPS) of $2.78, which was $0.73 higher than the analyst estimate of $2.05. However, the company's revenue for the quarter was $1.07 billion, which fell short of the Street estimate of $1.13 billion and was slightly below the $1.08 billion reported in the same quarter of the previous year.
Morris Goldfarb, Chairman and Chief Executive Officer of G-III, commented on the company's performance, stating that the solid year-to-date results demonstrate G-III's capability to successfully navigate through challenging market conditions. This success has led the company to increase its full-year earnings per share guidance.
Looking forward, G-III Apparel Group has set its fiscal year 2024 EPS forecast between $3.90 and $4.00, which is higher than the Street estimate of $3.24. The company expects its revenue for the same period to be around $3.15 billion, compared to the Street estimate of $3.297 billion.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...