Carter's Inc expected to post earnings of 53  cents a share - Earnings Preview

Carters

26/07/2023 13:41

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on July 28. 
    * The Atlanta Georgia-based  company is expected to report 
a
13.9% decrease in revenue to $603.514 million from $700.7
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
April 28 2023, for the period ended June 30, was for revenue
between $590.00 million and $605.00 million.
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of 53 cents per share. The company's EPS guidance on
April 28 2023, for the period ended June 30, was between $0.40
and $0.50 
    * 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 $75.11. ​​​

The company's guidance on April 28 2023 for the period ended
June 30 was for Earnings before Interest and Taxes between USD30
million and USD35 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  
 Mar. 31 2023  0.58        0.59       0.98      Beat    65.9
 Dec. 31 2023  1.69        1.71       2.29      Beat    33.9
 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.        1.40        1.39       1.66      Beat    19.5
 31 2022                                                
 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
 This summary was machine generated July 26 at 12:41 GMT.  All
figures in US dollars  unless otherwise stated