Tag: wallstreet

Ralph Lauren and Prestige Brands beat wall street revenue estimates

RL –Ralph Lauren Corp designs, markets, and distributes lifestyle products worldwide.

RL – Ralph Lauren Corp

Fundamentals Previously closed at 84.50
Day’s high 87.54
Day’s low 83.66
P/E ratio 15.31
EPS 5.52

 

Analysts opinion RL announced its Fiscal 2016 Q4 results today premarket. The revenues beat the wallstreet expectations and announced an EPS of $0.88 and revenue of 1.87 Billion. However, Revenues declined 1% on a YoY basis. The revenue was boosted by new stores and online sales.
RL has also announced a $200 million stock buybacks, further boosting its stock prices.
Sentiments The share price rose 5% during pre-Market, Sentiments are bullish. The Sentiment Index, a proprietary algorithm of Stockal, reads a 50% positive sentiments for RL
Social Media Pulse The stock has 100% higher social media chatter than usual.

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