01:06 PM EDT, 05/16/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph)

Canada Goose Holdings ( GOOS ) shares were up nearly 18% in recent Thursday trading after the company's fiscal Q4 earnings beat expectations.

The company reported fiscal Q4 adjusted earnings of 0.19 Canadian dollars ($0.14) per diluted share, up from CA$0.13 a year earlier.

Analysts polled by Capital IQ expected CA$0.06.

Revenue for the quarter ended March 31 was CA$358 million, up from CA$293.2 million a year earlier.

Analysts surveyed by Capital IQ expected CA$316.3 million.

For fiscal 2025, the company said it expects non-IFRS adjusted net income per share to grow by a mid-teen percentage year-over-year. Revenue for the fiscal year is projected to grow in the low-single-digits year-over-year.

Price: 13.45, Change: +2.03, Percent Change: +17.73