RL - Will Ralph Lauren Beat Estimates Again in Its Next Earnings Report? | Benzinga
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Ralph Lauren (NYSE: RL), which belongs to the Zacks Textile - Apparel industry.
When looking at the last two reports, this upscale clothing company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 13.75%, on average, in the last two quarters.
For the last reported quarter, Ralph Lauren came out with earnings of $4.17 per share versus the Zacks Consensus Estimate of $3.53 per share, representing a surprise of 18.13%. For the previous quarter, the company was expected to post earnings of $1.92 per share and it actually produced earnings of $2.10 per share, delivering a surprise of 9.38%.
Price and EPS ...