Thursday, September 7, 2017

G-III Apparel Group (GII) Rose To An 8-Month High On Q2 Results

G-III Apparel Group (GII) reported a second quarter adjusted loss of $0.15 per share Wednesday morning, compared to the profit of $0.01 per share last year. Analysts expected a loss of $0.26 per share. The company also increased its full year EPS forecast to between $1.11 and $1.21, from prior expectations of $1.04 to $1.14. The consensus estimate is for EPS of $1.27.

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