Wall Street analysts expect Ralph Lauren (RL) to post quarterly earnings of $3.45 per share in its upcoming report, which indicates a year-over-year increase of 27.8%. Revenues are expected to be $1.65 billion, up 8.8% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a ...

Core Viewpoint - Analysts project Ralph Lauren (RL) will report quarterly earnings of $1.96 per share, a 14.6% increase year over year, with revenues expected to reach $1.63 billion, reflecting a 4.1% increase from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised 0.2% lower over the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Net revenues- Retail' at $1.01 billion, suggesting a year-over-year increase of 6.7% [5] - 'Net revenues- Wholesale' are projected to reach $585.58 million, indicating a 0.9% increase from the previous year [5] - 'Geographic Net revenues- Other- Licensing' is expected to be $35.47 million, reflecting a decrease of 3.4% year over year [5] Geographic Revenue Estimates - 'Geographic Net revenues- North America' are anticipated to be $685.16 million, a 2.6% increase from the year-ago quarter [6] - 'Geographic Net revenues- Europe' are projected at $493.24 million, suggesting a 5.1% year-over-year increase [6] - 'Geographic Net revenues- Asia' are expected to reach $420.67 million, indicating a 6.7% increase year over year [6] Stock Performance - Ralph Lauren shares have returned 32.9% over the past month, outperforming the Zacks S&P 500 composite's 13.1% change [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [7]