Carter's Inc expected to post earnings of $1.54 a share - Earnings Preview

Carters

24/10/2023 19:31

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on October 27. 
    * The Atlanta Georgia-based  company is expected to report 
a
3.9% decrease in revenue to $786.354 million from $818.62
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
July 28 2023, for the period ended September 30, was for revenue
between $770.00 million and $790.00 million.
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of $1.54 per share. The company's EPS guidance on July
28 2023, for the period ended September 30, was between $1.45
and $1.55 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Carter's
Inc is
$70​, above​ its last closing price of $66.08. ​​​

The company's guidance on July 28 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD80 million and USD85 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.57        0.54       0.64      Beat    18.7
 Mar. 31 2023  0.58        0.59       0.98      Beat    65.9
 Dec. 31 2022  1.69        1.71       2.29      Beat    33.9​
 Sep. 30 2022  1.70        1.70       1.67      Missed  -1.8
 ​​Jun.        1.55        1.61       1.30      Missed  -19.3
 30 2022                                                
 Mar. 31 2022  1.40        1.39       1.66      Beat    19.5​
 Dec. 31 2021  2.07        2.06       2.31      Beat    12.2
 Sep. 30 2021  1.71        1.73       1.93      Beat    11.4
 This summary was machine generated October 24 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated