Earnings Previews of Two Acquirers: Semtech Corporation (SMTC) and PVH Corp (PVH)

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PVH shares would jump on better-than-anticipated earnings. The second half of the year and beyond will be more telling as far as how benefits of the acquisition are achieved. Concurrently with the buyout, PVH issued long-term debt that may leverage the balance sheet to a greater degree. Still, the newly-formed apparel giant may well provide value to shareholders over several years, as it will have the means for further expansion or asset-mix changes.

Summary

Semtech will report earnings on March 6 and PVH on March 26. Investors may want to consider them for their long-term upside. The first is banking on the video and surveillance market to support profit gains. The latter’s enhanced scale and scope ought to serve it well over the long haul.

The article Earnings Previews of Two Acquirers originally appeared on Fool.com and is written by Damon Churchwell.

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