Investing.com - VF (NYSE:VFC) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that was inline with forecasts.
The firm reported earnings per share of $0.6 on revenue of $3.21B. Analysts polled by Investing.com expected EPS of $0.58 on revenue of $3.21B. That compared to EPS of $0.67 on revenue of $3.05B in the same period a year earlier. The company had reported EPS of $1.31 on revenue of $3.94B in the previous quarter.
For the year, VF shares are up 29.1%, outperforming the S&P 500 which is up 15.64% year to date.
VF follows other major Consumer Cyclical sector earnings this month
On Wednesday, May 8, 2019, Toyota Motor ADR reported fourth quarter EPS of $2.89 on revenue of $70.34B, compared to forecasts of EPS of $2.87 on revenue of $67.24B.
Volkswagen Pref ADR earnings missed analyst's expectations on Thursday, May 2, 2019, with first quarter EPS of $0.65 on revenue of $67.11B. Investing.com analysts expected EPS of $0.69 on revenue of $65.56B
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