Iconix Brand Group Profit Climbs 114% In Q3

(RTTNews) - Iconix Brand Group (ICON) revealed earnings for its third quarter that gained ground compared to the same period last year.

The company said its bottom line climbed to $11.12 million, or $0.19 per share. This was up from $5.20 million, or $0.11 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.4% to $90.94 million. This was down from $91.33 million last year.

Iconix Brand Group earnings at a glance:

-Earnings (Q3): $11.12 Mln. vs. $5.20 Mln. last year. -Earnings Growth (Y-o-Y): 113.8% -EPS (Q3): $0.19 vs. $0.11 last year. -EPS Growth (Y-o-Y): 72.7% -Revenue (Q3): $90.94 Mln vs. $91.33 Mln last year. -Revenue Change (Y-o-Y): -0.4%

-Guidance: Full year EPS guidance: $1.06 - $1.21 Full year revenue guidance: $370 - $390 Mln