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

Carters

28/10/2022 11:49

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of
$1.67​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of $1.70 per share.
    * Revenue fell 8.1% to $818.62 million from a year ago;
analysts
expected $853.58 million. 
    * Carter's Inc's reported EPS for the quarter was $1.67​.
    * The mean earnings estimate of analysts had fallen by
about 11.2%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Carter's Inc shares had risen by 12.3% this quarter and
lost 27.3% so far this year.
    * The company reported quarterly net income of $64.96
million.
    * Wall Street's median 12-month price target for Carter's
Inc is
$80.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
28 at 10:49 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.70           1.67           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