Previous close | 10.49 |
Open | 5.70 |
Bid | 5.20 |
Ask | 5.70 |
Strike | 210.00 |
Expiry date | 2025-01-17 |
Day's range | 5.70 - 5.70 |
Contract range | N/A |
Volume | |
Open interest | 46 |
Ralph Lauren reported higher quarterly earnings than expected, posted a year-over-year sales increase, and unveiled changes to its executive team. On Thursday, the luxury apparel company reported adjusted earnings of $1.71 a share for its fiscal fourth quarter, topping analysts’ consensus forecast for $1.67 a share, according to FactSet. Ralph Lauren’s board of directors increased quarterly dividends by 10% to about 83 cents per share, lifting the annual payout to $3.30 a share.
Although the revenue and EPS for Ralph Lauren (RL) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ralph Lauren (RL) delivered earnings and revenue surprises of 3.64% and 0.94%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?