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Iconix Brand Group Inc Sees FY 2012 Revenue At High End Of Prior Guidance Range; Sees FY 2012 EPS At Low End Prior Guidance Range; Issues FY 2013 Guidance Above Analysts' Estimates

Thursday, 1 Nov 2012 07:30am EDT 

Iconix Brand Group Inc reaffirmed fiscal 2012 guidance and expects to achieve the higher end of its revenue guidance of $340-$350 million. The Company expects its non-GAAP diluted earnings per share (EPS) and GAAP diluted EPS to be at the low end of its guidance of $1.65 to $1.74 and $1.48-$1.57, respectively, based primarily on certain financing and acquisition related costs anticipated in the fourth quarter. For fiscal 2013, it expects revenue in the range of $395-$405 million, non-GAAP diluted earnings per share (EPS) in the range of $1.85-$1.95 and GAAP diluted EPS in the range of $1.75-$1.85. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $349 million and EPS of $1.70 for fiscal 2012; revenue of $368 million and EPS of $1.70 for fiscal 2013. 

Company Quote

-0.33 -0.78%
21 Jul 2014