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

Carters

28/04/2023 12:59

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of 98
cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of 59 cents per share.
    * Revenue fell 10.9% to $695.88 million from a year ago;
analysts
expected $648.58 million. 
    * Carter's Inc's reported EPS for the quarter was 95 cents​.
    * The mean earnings estimate of analysts had fallen by
about 57%
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 4.2% this quarter and
lost 7.6% so far this year.
    * The company reported quarterly net income of $36 million.
    * Wall Street's median 12-month price target for Carter's
Inc is
$65.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 28 at 11:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.59           0.98           Beat
 Dec. 31 2022      1.71           2.29           Beat
 Sep. 30 2022      1.70           1.67           Missed
 Jun. 30 2022      1.61           1.30           Missed