Carter's Inc expected to post earnings of 57  cents a share - Earnings Preview

Carters

25/04/2023 14:17

* Carter's Inc  CRI.N   CRI  is expected to show a fall in
quarterly revenue when it reports  results on April 28. 
    * The Atlanta Georgia-based  company is expected to report 
a
17.0% decrease in revenue to $648.578 million from $781.28
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
February 24 2023, for the period ended March 31, was for revenue
between $630.00 million and $650.00 million.
    * ​Refinitiv's mean analyst estimate for Carter's Inc is for
earnings of 57 cents per share. The company's EPS guidance on
February 24 2023, for the period ended March 31, was between
$0.35 and $0.55 
    * 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 had fallen by
about 2.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Carter's
Inc is
$65​, below​ its last closing price of $72.43. ​​​

The company's guidance on February 24 2023 for the period ended
March 31 was for Earnings before Interest and Taxes between
USD30 million and USD40 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  
 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. 30 2022  1.55        1.61       1.30      Missed  -19.3​
 Mar. 31 2022  1.40        1.39       1.66      Beat    19.5
 ​​Dec.        2.07        2.06       2.31      Beat    12.2
 31 2021                                                
 Sep. 30 2021  1.71        1.73       1.93      Beat    11.4​
 Jun. 30 2021  0.83        0.83       1.67      Beat    100.1
 Mar. 31 2021  0.30        0.32       1.98      Beat    526.3
 This summary was machine generated April 25 at 13:17 GMT.  All
figures in US dollars  unless otherwise stated