Investing.com - Ralph Lauren A reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Ralph Lauren A announced earnings per share of $1.44 on revenue of $1.19B. Analysts polled by Investing.com anticipated EPS of $0.79 on revenue of $1.19B.
Ralph Lauren A shares are down 36% from the beginning of the year and are trading at $74.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.25% from the start of the year.
Ralph Lauren A shares gained 0.27% in pre-market trade the report.
Ralph Lauren A follows other major Services sector earnings this month
Ralph Lauren A's report follows an earnings beat by Visa A on Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.
Verizon had beat expectations on October 21 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.
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