Kontoor Brands, Inc. reports results for the quarter ended June 30 - Earnings Summary
Kontoor Brands, Inc. reports results for the quarter ended June 30 - Earnings Summary
Kontoor Brands, Inc. KTB.N reported quarterly adjusted earnings of $1.50 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.21. The mean expectation of nine analysts for the quarter was for earnings of $1.04 per share. Wall Street expected results to range from 91 cents to $1.20 per share.
Revenue fell 11.2% to $584.29 million from a year ago; analysts expected $605.72 million.
Kontoor Brands, Inc.'s reported EPS for the quarter was $1.17.
The company reported quarterly net income of $64.8 million.
Kontoor Brands, Inc. shares had fallen by 10.1% this quarter and gained 22.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "buy"
Wall Street's median 12-month price target for Kontoor Brands, Inc. is $96.00, about 21.9% above its last closing price of $74.96
This summary was machine generated from LSEG data August 12 at 02:17 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.04 | 1.50 | Beat |
Mar. 31 2026 | 1.12 | 1.06 | Missed |
Dec. 31 2025 | 1.65 | 1.73 | Beat |
Sep. 30 2025 | 1.36 | 1.44 | Beat |
Recent news on Kontoor Brands
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Kontoor Brands, Inc. reports results for the quarter ended June 30 - Earnings Summary
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