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Analysts Offer Predictions for G-III Apparel Group, Ltd.’s Q4 2022 Earnings (NASDAQ:GIII)

G-III Apparel Group, Ltd. (NASDAQ:GIII) – Piper Sandler upped their Q4 2022 EPS estimates for G-III Apparel Group in a report released on Thursday, December 2nd. Piper Sandler analyst E. Murphy now forecasts that the textile maker will earn $0.66 per share for the quarter, up from their prior forecast of $0.58. Piper Sandler also issued estimates for G-III Apparel Group’s Q1 2023 earnings at $0.55 EPS, Q2 2023 earnings at $0.43 EPS, FY2023 earnings at $3.74 EPS and FY2024 earnings at $4.10 EPS.
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5 Stocks To Watch For December 1, 2021

Some of the stocks that may grab investor focus today are:. Wall Street expects G-III Apparel Group, Ltd. (NASDAQ: GIII) to report quarterly earnings at $1.78 per share on revenue of $1.01 billion after the closing bell. G-III Apparel shares rose 1.2% to $30.00 in after-hours trading. salesforce.com, inc. (NYSE:...
STOCKS
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TRENDING TOPICS

Mid-Day Market Update: Build-A-Bear Jumps After Q3 Results; BeyondSpring Shares Slide

Midway through trading Wednesday, the Dow traded up 1.06% to 34,847.76 while the NASDAQ climbed 1.17% to 15,719.00. The S&P also rose, gaining 1.48% to 4,634.64. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,428,910 cases with around 803,040 deaths. India confirmed a total of at least 34,596,770 cases and 469,240 deaths, while Brazil reported over 22,094,450 COVID-19 cases with 614,750 deaths. In total, there were at least 263,226,130 cases of COVID-19 worldwide with more than 5,236,980 deaths, according to data compiled by Johns Hopkins University.
STOCKS

Earnings Scheduled For December 1, 2021

• BRP (NASDAQ:DOOO) is estimated to report quarterly earnings at $1.08 per share on revenue of $1.35 billion. • Royal Bank of Canada (NYSE:RY) is estimated to report quarterly earnings at $2.82 per share on revenue of $11.98 billion. • WisdomTree International Dividend Top 100 Fund (NYSE:DOO) is projected to...
FINANCIAL REPORTS
americanbankingnews.com

G-III Apparel Group (NASDAQ:GIII) Releases FY 2022 Earnings Guidance

G-III Apparel Group (NASDAQ:GIII) updated its FY 2022 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $3.650-$3.750 for the period, compared to the Thomson Reuters consensus estimate of $3.230. The company issued revenue guidance of $2.77 billion-$2.77 billion, compared to the consensus revenue estimate of $2.68 billion.G-III Apparel Group also updated its FY22 guidance to $3.65-3.75 EPS.
ECONOMY
BayStreet.ca

G-III Gains on Q3 Earnings

G-III Apparel Group (NASDAQ:GIII) noticed its shares climbing out of the rubble of last week and early this, on the release of its Q3 earnings report. Net sales for the third quarter ended October 31, 2021 increased 22.8% to $1.02 billion from $826.6 million in the prior year’s quarter. The Company reported net income for the third quarter of $106.7 million, or $2.16 per diluted share, compared to $63.2 million, or $1.29 per diluted share, in the prior year’s quarter.
FINANCIAL REPORTS
Benzinga

Mid-Morning Market Update: Markets Open Higher; G-III Apparel Earnings Beat Views

Following the market opening Wednesday, the Dow traded up 0.99% to 34,824.47 while the NASDAQ climbed 1.40% to 15,755.57. The S&P also rose, gaining 1.39% to 4,630.57. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,428,910 cases with around 803,040 deaths. India confirmed a total of at least 34,596,770 cases and 469,240 deaths, while Brazil reported over 22,094,450 COVID-19 cases with 614,750 deaths. In total, there were at least 263,226,130 cases of COVID-19 worldwide with more than 5,236,980 deaths, according to data compiled by Johns Hopkins University.
MARKETS
modernreaders.com

G-III Apparel Group (NASDAQ:GIII) Posts Earnings Results, Beats Estimates By $0.37 EPS

GIII stock traded up $0.80 during mid-day trading on Wednesday, hitting $30.44. The company had a trading volume of 1,044,945 shares, compared to its average volume of 418,364. The firm has a market cap of $1.48 billion, a PE ratio of 12.14 and a beta of 2.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.98 and a current ratio of 3.01. G-III Apparel Group has a 12 month low of $20.67 and a 12 month high of $35.80. The stock’s fifty day moving average price is $29.98 and its two-hundred day moving average price is $30.74.
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modernreaders.com

G-III Apparel Group, Ltd. (NASDAQ:GIII) Shares Sold by Comerica Bank

Comerica Bank trimmed its holdings in shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) by 7.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,626 shares of the textile maker’s stock after selling 3,214 shares during the quarter. Comerica Bank owned approximately 0.09% of G-III Apparel Group worth $1,224,000 as of its most recent SEC filing.
MARKETS

11 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

Molecular Data (NASDAQ:MKD) stock increased by 18.97% to $0.3 during Wednesday's pre-market session. The company's market cap stands at $55.0 million. Future FinTech Group (NASDAQ:FTFT) shares moved upwards by 14.64% to $1.8. The market value of their outstanding shares is at $126.1 million. G-III Apparel Group (NASDAQ:GIII) shares rose 8.29%...
STOCKS

Mid-Afternoon Market Update: Dow Rises Over 100 Points; CTI BioPharma Shares Plummet

Toward the end of trading Wednesday, the Dow traded up 0.39% to 34,617.2 while the NASDAQ climbed 0.17% to 15,564.73. The S&P also rose, gaining 0.68% to 4,597.96. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 49,428,910 cases with around 803,040 deaths. India confirmed a total of at least 34,596,770 cases and 469,240 deaths, while Brazil reported over 22,094,450 COVID-19 cases with 614,750 deaths. In total, there were at least 263,226,130 cases of COVID-19 worldwide with more than 5,236,980 deaths, according to data compiled by Johns Hopkins University.
STOCKS
Schaeffer's Investment Research

Today's Stock Market News & Events: 12/1/2021

The first day of December will feature the ADP employment report for November, as well as the Markit manufacturing PMI, the Institute for Supply Management's (ISM) manufacturing index, and construction spending data. Plus, the Beige Book is scheduled for tomorrow. The following companies are slated to release corporate earnings today,...
STOCKS
modernreaders.com

G-III Apparel Group (NASDAQ:GIII) Shares Gap Up Following Strong Earnings

G-III Apparel Group, Ltd. (NASDAQ:GIII) gapped up before the market opened on Wednesday following a stronger than expected earnings report. The stock had previously closed at $29.64, but opened at $31.50. G-III Apparel Group shares last traded at $31.90, with a volume of 5,149 shares changing hands. The textile maker...
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