Carter's Inc reports results for the quarter ended in December - Earnings Summary

Carters

24/02/2023 12:17

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of
$2.29​​ per share for the quarter ended in December. The mean
expectation of seven analysts for the quarter was for earnings
of $1.71 per share.
    * Revenue fell 14.1% to $912.13 million from a year ago;
analysts
expected $864.31 million. 
    * Carter's Inc's reported EPS for the quarter was $2.11​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Carter's Inc shares had fallen by 1.2% this quarter.
    * The company reported quarterly net income of $80.18
million.
    * Wall Street's median 12-month price target for Carter's
Inc is
$70.00 
    * 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." 

This summary was machine generated from Refinitiv data February
24 at 12:17 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.71           2.29           Beat
 Sep. 30 2022      1.70           1.67           Missed
 Jun. 30 2022      1.61           1.30           Missed
 Mar. 31 2022      1.39           1.66           Beat