Carter's Inc expected to post earnings of $1.39 a share - Earnings Preview

Carters

26/04/2022 18:54

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on April 29. 
    * The Atlanta Georgia-based  company is expected to report 
a
4.6% decrease in revenue to $751.213 million from $787.36
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of $1.39 per share. For the same quarter last year, the
company reported earnings of $1.98 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Carter's
Inc is
$120​, above​ its last closing price of $89.72. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  2.07        2.06       2.31      Beat    12.2
 Sep. 30 2021  1.71        1.73       1.93      Beat    11.4
 Jun. 30 2021  0.83        0.83       1.67      Beat    100.1​
 Mar. 31 2021  0.30        0.32       1.98      Beat    526.3
 ​​Dec.        2.74        2.73       2.46      Missed  -9.8
 31 2020                                                
 Sep. 30 2020  1.58        1.57       1.96      Beat    24.5​
 Jun. 30 2020  -0.25       -0.25      0.54      Beat    316.8
 Mar. 31 2020  0.03        0.24       -0.81     Missed  -431.4
 This summary was machine generated April 26 at 17:54 GMT.  All
figures in US dollars  unless otherwise stated