Unveiling Ralph Lauren (RL) Q1 Outlook: Wall Street Estimates for Key Metrics

In its upcoming report, Ralph Lauren (RL) is predicted by Wall Street analysts to post quarterly earnings of $2.45 per share, reflecting an increase of 4.7% compared to the same period last year. Revenues are forecasted to be $1.49 billion, representing a year-over-year decrease of 0.6%.

Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

That said, let's delve into the average estimates of some Ralph Lauren metrics that Wall Street analysts commonly model and monitor.

Based on the collective assessment of analysts, 'Net revenues- Licensing' should arrive at $32.94 million. The estimate indicates a change of -10.5% from the prior-year quarter.

The average prediction of analysts places 'Net revenues- Retail' at $1.02 billion. The estimate suggests a change of +2.9% year over year.

The consensus estimate for 'Net revenues- Wholesale' stands at $440.62 million. The estimate points to a change of -6.2% from the year-ago quarter.

Analysts predict that the 'Geographic Net revenues- Europe' will reach $450.74 million. The estimate points to a change of +0.1% from the year-ago quarter.

The combined assessment of analysts suggests that 'Geographic Net revenues- Asia' will likely reach $384.24 million. The estimate indicates a year-over-year change of +1.8%.

Analysts expect 'Geographic Net revenues- Other- Licensing' to come in at $34.67 million. The estimate points to a change of -5.8% from the year-ago quarter.

Analysts' assessment points toward 'Geographic Net revenues- North America' reaching $621.20 million. The estimate indicates a year-over-year change of -1.7%.

The collective assessment of analysts points to an estimated 'Geographic Net revenues- Asia- Wholesale' of $21.23 million. The estimate indicates a year-over-year change of -16.4%.

The consensus among analysts is that 'Geographic Net revenues- Europe- Wholesale' will reach $213.16 million. The estimate indicates a change of -4.8% from the prior-year quarter.

Analysts forecast 'Geographic Net revenues- Europe- Retail' to reach $242.28 million. The estimate indicates a year-over-year change of +6.9%.

It is projected by analysts that the 'Geographic Net revenues- North America- Wholesale' will reach $206.24 million. The estimate suggests a change of -6.6% year over year.

According to the collective judgment of analysts, 'Geographic Net revenues- North America- Retail' should come in at $418.47 million. The estimate indicates a change of +1.8% from the prior-year quarter.

View all Key Company Metrics for Ralph Lauren here>>>

Ralph Lauren shares have witnessed a change of -2.5% in the past month, in contrast to the Zacks S&P 500 composite's -2.9% move. With a Zacks Rank #3 (Hold), RL is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here

Zacks Investment Research