G-III Apparel Group Earnings: Your Sneak Peek to the Big Announcement

G-III Apparel Group (NASDAQ:GIII) will report earnings after markets close on Tuesday, April 2nd. G-III Apparel Group, Ltd. manufactures and distributes leather and non-leather outerwear apparel. The Company has fashion licenses with Kenneth Cole, Jones Apparel Group, Cole Haan, and Timberland. GIII own labels GIII, Siena Studio, Colebrook & Co, JLC, JL Colebrook, and ColeB. G-III also has licensing agreements with the NFL, NHL, NBA, and MLB.

Here is your Cheat Sheet to G-III Apparel Group Earnings:

Earnings Expectations: Analysts expect earnings of $0.40 per share on revenues of $359.45 million. Currently, the company’s P/E ratio stands at 14.78.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0.02 and has not changed. For the current year, the average estimate is a profit of $2.92, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how G-III Apparel Group has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 518.87 711.15 800.86 1,063 1,231
Diluted EPS ($) 1.05 -0.85 1.83 2.88 2.46

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Oct. 31, 2011 Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012
Revenue ($) in millions 510.01 294.35 229.45 251.48 543.51
Diluted EPS ($) 2.16 0.25 -0.04 0.07 2.37

Past Performance:
G-III Apparel Group has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)