Ralph Lauren (RL) Q1 Earnings and Revenues Top Estimates

Ralph Lauren (RL) came out with quarterly earnings of $2.70 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $2.34 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 10.20%. A quarter ago, it was expected that this upscale clothing company would post earnings of $1.65 per share when it actually produced earnings of $1.71, delivering a surprise of 3.64%. Over the last four quarters, ...