Investing.com - VF (NYSE:VFC) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VF announced earnings per share of $-0.57 on revenue of $1.08B. Analysts polled by Investing.com anticipated EPS of $-0.66 on revenue of $983.69M.
VF shares are down 39.29% from the beginning of the year and are trading at $60.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.48% from the start of the year.
VF follows other major Consumer Cyclical sector earnings this month
VF's report follows an earnings beat by Tesla on Wednesday, July 22, 2020, who reported EPS of $2.18 on revenue of $6.04B, compared to forecasts EPS of $0 on revenue of $5.15B.
Louis Vuitton ADR had missed expectations on Sunday with second quarter EPS of $0.24 on revenue of $9.18B, compared to forecast for EPS of $1.73 on revenue of $8.42B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar