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

Carters

27/10/2023 12:02

* Carter's Inc  CRI.N  reported quarterly adjusted earnings
of
$1.84​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of $1.54 per share.
    * Revenue fell 3.3% to $791.65 million from a year ago;
analysts
expected $786.35 million. 
    * Carter's Inc's reported EPS for the quarter was $1.78​.
    * The mean earnings estimate of analysts had fallen by
about 5.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Carter's Inc shares had fallen by 7.1% this quarter and
lost 13.9% so far this year.
    * The company reported quarterly net income of $66.13
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
October 27 at 11:01 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.54           1.84           Beat
 Jun. 30 2023      0.54           0.64           Beat
 Mar. 31 2023      0.59           0.98           Beat
 Dec. 31 2022      1.71           2.29           Beat