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Ralph Lauren stock soars 7% after earnings beat
Ralph Lauren Corp. RL, shares soared 7.3% in Tuesday premarket trading after the fashion label reported fiscal third-quarter earnings and revenue that beat expectations. Net income totaled $334.1 million, or $4.41 per share, up from $120 million, or $1.48 per share, the prior year. Adjusted EPS was $2.86, excluding restructuring-related, tax reform, and other charges. Revenue of $1.75 billion was up from $1.73 billion the previous year. The FactSet consensus was for EPS of $2.45 and revenue of $1.72 billion.
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https://www.marketwatch.com/story/ralph-...quote_news
![[Bild: RLc1dl1715.png]](https://finviz.com/publish/020420/RLc1dl1715.png)
Ralph Lauren Corp. RL, shares soared 7.3% in Tuesday premarket trading after the fashion label reported fiscal third-quarter earnings and revenue that beat expectations. Net income totaled $334.1 million, or $4.41 per share, up from $120 million, or $1.48 per share, the prior year. Adjusted EPS was $2.86, excluding restructuring-related, tax reform, and other charges. Revenue of $1.75 billion was up from $1.73 billion the previous year. The FactSet consensus was for EPS of $2.45 and revenue of $1.72 billion.
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https://www.marketwatch.com/story/ralph-...quote_news
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