Capri Holdings Q4 Adj EPS $0.97 Beats $0.94 Estimate, Sales $1.33B Beat $1.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Capri Holdings reported Q4 adjusted earnings of $0.97 per share, beating the $0.94 estimate, and sales of $1.33 billion, beating the $1.28 billion estimate. However, this represents a decrease in earnings and sales compared to the same period last year.
May 31, 2023 | 10:46 am
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Capri Holdings' Q4 adjusted EPS of $0.97 beat estimates, and sales of $1.33 billion also surpassed expectations. However, both earnings and sales decreased compared to last year.
Capri Holdings beat analyst estimates for both adjusted EPS and sales, which could be seen as a positive sign. However, the decrease in earnings and sales compared to the same period last year may offset any potential gains, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100