Moncler SpA said its normalized net income for the first quarter amounted to 15 euro cents per share, compared with the S&P Capital IQ consensus estimate of 11 cents per share.
EPS increased 74.7% year over year from 9 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €38.1 million, an increase of 66.0% from €23.0 million in the year-earlier period.
The normalized profit margin increased to 19.0% from 15.8% in the year-earlier period.
Total revenue rose 38.2% year over year to €201.0 million from €145.4 million, and total operating expenses rose 35.9% from the prior-year period to €143.7 million from €105.8 million.
Reported net income increased 68.9% on an annual basis to €39.6 million, or 16 cents per share, from €23.5 million, or 9 cents per share.
