VF Reports 2015 Fourth Quarter and Full Year Results; Announces Outlook for 2016
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Canaccord Genuity Remains Bullish Following V.F. Corp.'s (VFC) 4Q Miss
February 22, 2016 9:41 AM ESTCanaccord Genuity maintained a Buy rating on VF Corp. (NYSE: VFC), and cut the price target to $82.00 (from $83.00), following the company's 4Q earnings report. VFC's Q4 adjusted EPS of 95c missed consensus estimate of $1.01. The miss was driven by lower revenue growth, and lower gross margin.
Analyst Camilo Lyon... More
V.F. Corp. (VFC) Misses Q4 EPS by 6c
February 19, 2016 6:57 AM ESTV.F. Corp. (NYSE: VFC) reported Q4 EPS of $0.95, $0.06 worse than the analyst estimate of $1.01. Revenue for the quarter came in at $3.38 billion versus the consensus estimate of $3.64 billion.
Guidance:
2016 revenue expected to increase at a mid single-digit percentage... More