PVH Corp Raises Annual Guidance on Positive Quarterly Earnings

On May 30, PVH Corp. (PVH) reported its earnings for the first quarter of 2018. The company’s revenue increased by 16% over the previous year and exceeded expectations across all business lines. As a result, PVH increased its annual earnings guidance for the year from between $8.76 and $8.86 per share to between $8.81 and $8.91 per share.


Sonal sent out an alert at 4:15 pm, and the next trade took place at 4:20 pm for $155.77. The stock opened for regular market trading the next morning at $155.76. PVH continued to move higher during the next five trading days. The stock had a gain of 6% after closing at $165.10 on June 7.

If you want to learn more about guidance changes and how to trade these events, visit the Knowledge Center.

To see the latest weekly webinar, you can visit our Live Webinar page.

Subscribe here if you would like to start receiving these signals in real-time and start trading!