V.F. Shares Rise 1.26%, Outpacing Major U.S. Indexes
The apparel company beat the S&P 500’s daily gain as investors look ahead to quarterly results and estimates point to lower year-over-year sales.
Key takeaways
- V.F. rose 1.26% to $14.45, outpacing the S&P 500’s 0.58% gain.
- Zacks consensus expects quarterly EPS of $0.51 and revenue of $2.69 billion.
V.F. shares rose 1.26% to $14.45 in the latest session, ahead of the S&P 500’s 0.58% gain. The Dow added 0.49%, while the Nasdaq rose 0.45%.
Over the past month, V.F. shares gained 6.1%. The Consumer Discretionary sector fell 5.62% over the same period, while the S&P 500 rose 0.84%.
Ahead of the company’s upcoming earnings report, Zacks consensus estimates call for quarterly earnings of $0.51 per share and revenue of $2.69 billion. Those figures would be down 1.92% and 3.89%, respectively, from the same quarter a year earlier.
This article was produced with the help of AI technology. Source: Yahoo Finance
