Capri Holdings Expects FY24 Total Revenue Of ~$5.7B (Consensus $5.74B), EPS Of $6.40 (Consensus $6.29)
Portfolio Pulse from Benzinga Newsdesk
Capri Holdings expects FY24 total revenue of approximately $5.7 billion, slightly below the consensus estimate of $5.74 billion, and EPS of $6.40, above the consensus estimate of $6.29.
May 31, 2023 | 10:49 am
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Capri Holdings' FY24 revenue forecast is slightly below consensus, while EPS forecast is above consensus.
Capri Holdings' revenue forecast is slightly below the consensus estimate, which may have a negative impact on the stock price. However, the EPS forecast is above the consensus estimate, which may offset the negative impact. As a result, the overall short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100