Capri Holdings Expects Q1 Total Revenue Of ~$1.2B (Consensus $1.3B); EPS Of $0.70
Portfolio Pulse from Benzinga Newsdesk
Capri Holdings expects Q1 total revenue of approximately $1.2 billion, lower than the consensus estimate of $1.3 billion, and an EPS of $0.70.
May 31, 2023 | 10:52 am
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NEGATIVE IMPACT
Capri Holdings' Q1 revenue projection is below consensus estimates, potentially impacting its stock price.
Capri Holdings' lower-than-expected Q1 revenue forecast may lead to negative investor sentiment and a potential decline in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100