Kontoor Brands Inc expected to post earnings of 67  cents a share - Earnings Preview

Kontoor Brands

24/02/2023 18:45

* Kontoor Brands Inc  KTB.N   KTB  is expected to show a
fall in
quarterly revenue when it reports  results on February 28. 
    * The Greensboro North Carolina-based  company is expected
to
report  a 1.8% decrease in revenue to $668.804 million from
$681.09 million a year ago, according to the mean estimate from
8 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kontoor Brands Inc
is for
earnings of 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Kontoor
Brands
Inc is $46​, above​ its last closing price of $44.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.87        0.88       1.11      Beat    25.8
 Jun. 30 2022  0.96        0.99       1.09      Beat    10.2
 Mar. 31 2022  1.23        1.23       1.40      Beat    14.3​
 Dec. 31 2021  0.78        0.79       0.88      Beat    12
 ​​Sep.        1.03        1.03       1.28      Beat    24.4
 30 2021                                                
 Jun. 30 2021  0.36        0.36       0.70      Beat    94.4​
 Mar. 31 2021  0.86        0.87       1.43      Beat    64
 Dec. 31 2020  0.94        0.97       1.23      Beat    27.5
 This summary was machine generated February 24 at 18:45 GMT. 
All figures in US dollars  unless otherwise stated