Carter's Inc expected to post earnings of $1.73 a share - Earnings Preview

Carters

21/02/2023 18:16

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on February 24. 
    * The Atlanta Georgia-based  company is expected to report 
a
18.6% decrease in revenue to $864.31 million from $1.06 billion
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on October 28
2022, for the period ended December 31, was for revenue between
$845.00 million and $885.00 million.
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of $1.73 per share. The company's EPS guidance on
October 28 2022, for the period ended December 31, was between
$1.40 and $2.00 
    * 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Carter's
Inc is
$70​, below​ its last closing price of $77.84. ​​​

The company's guidance on October 28 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD85 million and USD115 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  
 Sep. 30 2022  1.70        1.70       1.67      Missed  -1.8
 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.        1.71        1.73       1.93      Beat    11.4
 30 2021                                                
 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. 31 2020  2.74        2.73       2.46      Missed  -9.8
 This summary was machine generated February 21 at 18:16 GMT. 
All figures in US dollars  unless otherwise stated