Carter's Inc expected to post earnings of $1.70 a share - Earnings Preview

Carters

25/10/2022 19:31

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on October 28. 
    * The Atlanta Georgia-based  company is expected to report 
a
4.2% decrease in revenue to $853.582 million from $890.59
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
July 29 2022, for the period ended September 30, was for revenue
between $850.00 million and $865.00 million.
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of $1.70 per share. The company's EPS guidance on July
29 2022, for the period ended September 30, was between USD1.5
and USD1.7 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Carter's
Inc is
$80​, above​ its last closing price of $72.76. ​​​

The company's guidance on July 29 2022 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD90 million and USD100 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 2022  1.55        1.61       1.30      Missed  -19.3
 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
 ​​Jun.        0.83        0.83       1.67      Beat    100.1
 30 2021                                                
 Mar. 31 2021  0.30        0.32       1.98      Beat    526.3​
 Dec. 31 2020  2.74        2.73       2.46      Missed  -9.8
 Sep. 30 2020  1.58        1.57       1.96      Beat    24.5
 This summary was machine generated October 25 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated