V.F. Corp. (VFC) is expected to report adjusted net income of $113.2 million, or 29 cents a share, on sales of $2.2 billion before the market opens Wednesday, based on a FactSet survey of 19 analysts.
In the same period a year ago, the company posted earnings of 36.71 cents a share on sales of $2.8 billion. It reported net income of $261.2 million.
The stock has risen 2.7% since the company last reported earnings on May. 22.
Quarterly estimates have fallen 1.1 cent a share in the past month.
VF is currently trading at a price-to-forward-earnings ratio of 24.9 based on the 12-month estimates of 20 analysts surveyed by FactSet.
In the upcoming quarter analysts are forecasting adjusted net income of $518.3 million, or $1.29 a share, on sales of $3.4 billion.
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