Coach Inc Q3 Earnings Climb 24%

(RTTNews) - Coach Inc (COH) released a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $124.1 million, or $0.44 per share. This was higher than $100.2 million, or $0.36 per share, in last year's third quarter.

Analysts had expected the company to earn $0.41 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.8% to $1.03 billion. This was up from $0.93 billion last year.

Coach Inc earnings at a glance:

-Earnings (Q3): $124.1 Mln. vs. $100.2 Mln. last year. -Earnings Growth (Y-o-Y): 23.9% -EPS (Q3): $0.44 vs. $0.36 last year. -EPS Growth (Y-o-Y): 22.2% -Analysts Estimate: $0.41 -Revenue (Q3): $1.03 Bln vs. $0.93 Bln last year. -Revenue Change (Y-o-Y): 10.8%