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

Carters

29/07/2022 12:17

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of
$1.30​​ per share for the quarter ended in June. The mean
expectation of nine analysts for the quarter was for earnings of
$1.61 per share.
    * Revenue fell 6.1% to $700.70 million from a year ago;
analysts
expected $744.31 million. 
    * Carter's Inc's reported EPS for the quarter was 93 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.2%
in the last three months.​ 
    * In the last 30 days six analysts negatively revised
earnings
estimates 
    * Carter's Inc shares had risen by 15.4% this quarter and
lost 19.6% so far this year.
    * The company reported quarterly net income of $36.97
million.
    * Wall Street's median 12-month price target for Carter's
Inc is
$84.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 29
at 11:17 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.61           1.30           Missed
 Mar. 31 2022      1.39           1.66           Beat
 Dec. 31 2021      2.06           2.31           Beat
 Sep. 30 2021      1.73           1.93           Beat