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V.F. Corp (VFC) Q4 Earnings & Sales Top, Soft View Hurts Stock
V.F. Corporation VFC has posted strong fourth-quarter fiscal 2019 results, wherein the top and bottom lines surpassed estimates and improved year over year. With this, it delivered the seventh top and bottom-line beat in the last eight quarters.
Despite the robust fiscal fourth-quarter results, shares of the company dropped 5.8% during pre-market trading. Analysts attributed the decline in shares to the completion of the Kontoor Brands spin-off. Additionally, the company’s forecasts for fiscal 2020 were below analysts’ expectations.
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The company’s adjusted earnings per share of 60 cents improved 10% year over year, surpassing the Zacks Consensus Estimate of 58 cents.
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https://finance.yahoo.com/news/v-f-corp-...01059.html
![[Bild: VFCc1dl1627.png]](https://finviz.com/publish/052219/VFCc1dl1627.png)
V.F. Corporation VFC has posted strong fourth-quarter fiscal 2019 results, wherein the top and bottom lines surpassed estimates and improved year over year. With this, it delivered the seventh top and bottom-line beat in the last eight quarters.
Despite the robust fiscal fourth-quarter results, shares of the company dropped 5.8% during pre-market trading. Analysts attributed the decline in shares to the completion of the Kontoor Brands spin-off. Additionally, the company’s forecasts for fiscal 2020 were below analysts’ expectations.
...
The company’s adjusted earnings per share of 60 cents improved 10% year over year, surpassing the Zacks Consensus Estimate of 58 cents.
...
https://finance.yahoo.com/news/v-f-corp-...01059.html
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