Kontoor Brands Inc reports results for the quarter ended March 31 - Earnings Summary

Kontoor Brands

06/05/2025 14:32

Kontoor Brands Inc KTB.N reported quarterly adjusted earnings of $1.20​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.16.  The mean expectation of five analysts for the quarter was for earnings of $1.16 per share. Wall Street expected results to range from $1.15  to $1.19 per share.

Revenue fell 1.3% to $622.90 million from a year ago; analysts expected $626.32 million.

Kontoor Brands Inc's reported EPS for the quarter was 76 cents​.

The company reported quarterly net income of $42.88 million.

Kontoor Brands Inc shares had fallen by 1.1% this quarter and lost 25.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 11.6% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories peer group is also "hold"

Wall Street's median 12-month price target for Kontoor Brands Inc is $72.00

This summary was machine generated from LSEG data May 6 at 01:32 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
Mar. 31 2025
1.16
1.20
Beat
Dec. 31 2024
1.34
1.38
Beat
Sep. 30 2024
1.26
1.37
Beat
Jun. 30 2024
0.88
0.98
Beat