Investing.com - VF (NYSE:VFC) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
VF announced earnings per share of $1.35 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $3.61B.
VF shares are up 15% from the beginning of the year and are trading at $67.35 , down-from-52-week-high.They are outperforming the Dow Jones which is down 5.99% from the start of the year.
VF follows other major Consumer Discretionary sector earnings this month
VF's report follows an earnings beat by Tesla on Wednesday, who reported EPS of $2.54 on revenue of $17.72B, compared to forecasts EPS of $2.25 on revenue of $16.88B.
Louis Vuitton ADR had missed expectations on Thursday with fourth quarter EPS of $2.54 on revenue of $22.34B, compared to forecast for EPS of $2.59 on revenue of $20.37B.
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