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

Carters

29/04/2022 13:11

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of
$1.66​​ per share for the quarter ended in March. The mean
expectation of nine analysts for the quarter was for earnings of
$1.39 per share.
    * Revenue fell 0.8% to $781.28 million from a year ago; 
analysts
expected $751.21 million. 
    * Carter's Inc's reported EPS for the quarter was $1.66​.
    * The mean earnings estimate of analysts had fallen by
about 8% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Carter's Inc shares had fallen by 3.6% this quarter and
lost 12.4% so far this year.
    * The company reported quarterly net income of $67.01
million.
    * Wall Street's median 12-month price target for Carter's
Inc is
$115.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated April 29 at 12:11 p.m.  ​All
figures in US dollars unless otherwise stated