Investing.com - VF (NYSE:VFC) reported fourth quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $1.3 on revenue of $3.94B. Analysts polled by Investing.com forecast EPS of $1.1 on revenue of $3.87B. That compared to EPS of $0.66 on revenue of $2.92B in the same period a year earlier. The company had reported EPS of $1.43 on revenue of $3.91B in the previous quarter.
For the year, VF shares are up 2.69%, under-performing the S&P 500 which is up 6.82% year to date.
VF follows other major Consumer Cyclical sector earnings this month
On Thursday, December 20, 2018, Nike reported second quarter EPS of $0.52 on revenue of $9.37B, compared to forecasts of EPS of $0.46 on revenue of $9.17B.
Acuity Brands earnings beat analyst's expectations on Wednesday, January 9, 2019, with first quarter EPS of $2.32 on revenue of $932.6M. Investing.com analysts expected EPS of $2.11 on revenue of $922.61M
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