G-III Apparel jumps following positive earnings surprise

03:41pm, Wednesday, 01'st Dec 2021 Seeking Alpha
G-III Apparel Group, Ltd. (GIII) CEO Morris Goldfarb on Q3 2022 Results - Earnings Call Transcript
G-III Apparel (GIII) delivered earnings and revenue surprises of 20.67% and 0.40%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
Shares of G-III Apparel Group Ltd. GIII, -4.14% jumped 5.4% in premarket trading Wednesday, after the apparel and accessories company, which brands include DKNY, Calvin Klein and Tommy Hilfiger, repor
Price T Rowe Associates Inc. MD increased its position in shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) by 3.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 21,972 shares of the textile makers stock after purchasing an additional 808 shares during the period. Price T Rowe Associates Inc. MDs holdings in G-III Apparel Group []
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G-III Apparel Group (GIII) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
G-III Apparel's (GIII) third-quarter fiscal 2022 results are likely to reflect gains from its brand strength and digital business.
NEW YORK--(BUSINESS WIRE)--G-III Apparel Group, Ltd. (NASDAQ: GIII) announced today that it will release its third quarter fiscal 2022 earnings before the market opens on Wednesday, December 1, 2021. Management will host a conference call to discuss results at 8:30 a.m. ET that same day, followed by a question and answer session for the investment community. A live webcast of the call can be accessed at ir.g-iii.com the Events & Presentations section. To access the call, dial toll-free 1-
In the latest trading session, G-III Apparel Group (GIII) closed at $32.23, marking a -0.71% move from the previous day.
Shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) have been assigned a consensus rating of Hold from the seven research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have issued a buy recommendation on the []
Nuveen Asset Management LLC increased its position in shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) by 5.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 188,776 shares of the textile makers stock after acquiring an additional 9,681 shares during the period. Nuveen Asset []
Profit Investment Management LLC decreased its holdings in shares of G-III Apparel Group, Ltd. (NASDAQ:GIII) by 20.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 201,298 shares of the textile makers stock after selling 51,131 shares during the period. G-III []
G-III Apparel (GIII) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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