PVH(US:PVH) zacks.comยท2024-05-28 15:00Core Viewpoint - Wall Street anticipates flat earnings for PVH in the upcoming quarter, with a consensus EPS estimate of $2.14, unchanged from the previous year, and revenues expected to decline by 10.7% to $1.93 billion [1][3]. Earnings Report Expectations - The earnings report is scheduled for June 4, 2024, and could lead to stock price movement depending on whether the actual results exceed or fall short of expectations [2]. - Management's discussion during the earnings call will be crucial in shaping future earnings expectations and stock price sustainability [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.19% over the last 30 days, indicating a reassessment by analysts [4]. - The Zacks Earnings ESP model suggests that recent estimate revisions may provide insights into business conditions leading up to the earnings release [5][6]. Earnings ESP Analysis - PVH has a positive Earnings ESP of +0.70%, indicating a likelihood of beating the consensus EPS estimate, although it currently holds a Zacks Rank of 3 [10][11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [8]. Historical Performance - PVH has consistently beaten consensus EPS estimates, achieving a surprise of +5.98% in the last reported quarter and surpassing estimates in all of the last four quarters [12][13]. Conclusion - While PVH is positioned as a strong candidate for an earnings beat, other factors should also be considered when evaluating the stock ahead of the earnings release [14][16].