Carter's Inc expected to post earnings of 49 cents a share - Earnings Preview

Carters

24/07/2024 13:50

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on July 26 for the
period ending June 30 2024
    * The Atlanta Georgia-based  company is expected to report a
5.3% decrease in revenue to $568.161 million from $600 million a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.The company's guidance on April 26 2024, for the
period ended June 30, was for revenue between $560.00 million
and $570.00 million.
    * ​LSEG's mean analyst estimate for Carter's Inc is for
earnings
of 49 cents per share. The company's EPS guidance on April 26
2024, for the period ended June 30, was between $0.35 and $0.45 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"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
$70.00​, above​ its last closing price of $60.42. ​​​

The company's guidance on April 26 2024 for the period ended
June 30 was for Earnings before Interest and Taxes between USD25
million and USD30 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.79        0.77       1.04      Beat    34.9
 Dec. 31 0001  2.58        2.61       2.76      Beat    5.9
 Sep. 30 2023  1.54        1.54       1.84      Beat    19.4​
 Jun. 30 2023  0.57        0.54       0.64      Beat    18.7
 ​​Mar.        0.58        0.59       0.98      Beat    65.9
 31 2023                                                
 Dec. 31 2022  1.69        1.71       2.29      Beat    33.9​
 Jan. 1 0001   1.70        1.70       1.67      Missed  -1.8
 Jun. 30 2022  1.55        1.61       1.30      Missed  -19.3
 This summary was machine generated July 24 at 12:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)