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

Carters

28/07/2023 11:48

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of 64
cents​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of 54 cents per share.
    * Revenue fell 14.4% to $600.00 million from a year ago;
analysts
expected $603.51 million. 
    * Carter's Inc's reported EPS for the quarter was 64 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Carter's Inc shares had risen by 2.9% this quarter and
gained 0.2% so far this year.
    * The company reported quarterly net income of $23.87
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 LSEG Refinitiv data July
28 at 10:48 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.54           0.64           Beat
 Mar. 31 2023      0.59           0.98           Beat
 Dec. 31 2022      1.71           2.29           Beat
 Sep. 30 2022      1.70           1.67           Missed