Carter's Revises FY23 Adj. EPS Forecast From $6.15 To $5.95-$6.15 (Consensus $5.92); Posted $6.90 in FY22
Portfolio Pulse from Benzinga Newsdesk
Carter's has revised its FY23 adjusted EPS forecast from $6.15 to a range of $5.95-$6.15, which is still above the consensus estimate of $5.92. The company posted an EPS of $6.90 in FY22.
July 28, 2023 | 10:21 am
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Carter's has lowered its FY23 EPS forecast, but it is still above the consensus estimate. This could potentially impact investor sentiment.
Carter's has revised its FY23 EPS forecast downwards, which could be seen as a negative signal by investors. However, the new forecast is still above the consensus estimate, which could mitigate any negative impact. The company's performance in FY22, where it posted an EPS of $6.90, may also be taken into consideration by investors.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100