Top Wall Street Forecasters Revamp G-III Apparel Expectations Ahead Of Q1 Earnings

Benzinga
06 Jun

G-III Apparel Group, Ltd. (NASDAQ:GIII) will release its first-quarter financial results before the opening bell on Friday, June 6.

Analysts expect the New York-based company to report quarterly earnings at 13 cents per share, up from 12 cents per share in the year-ago period. G-III Apparel projects quarterly revenue of $580.37 million, compared to $609.75 million a year earlier, according to data from Benzinga Pro.

On March 13, the company reported fourth-quarter sales growth of 9.8% year-on-year to $839.535 million, beating the analyst consensus estimate of $807.590 million.

G-III Apparel shares fell 2.6% to close at $27.67 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

  • Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $30 on June 2, 2025. This analyst has an accuracy rate of 61%.
  • Guggenheim analyst Robert Drbul maintained a Buy rating and boosted the price target from $36 to $38 on Dec. 11, 2024. This analyst has an accuracy rate of 60%.

Considering buying GIII stock? Here’s what analysts think:

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