Preview: Carter's's Earnings
Portfolio Pulse from Benzinga Insights
Carter's (NYSE:CRI) is set to release its quarterly earnings report on 2023-10-27, with analysts estimating an EPS of $1.54. The company's stock performance has been generally negative over the last 52-week period, with shares down 8.61%. Last quarter, Carter's beat EPS estimates by $0.11, followed by a 0.0% change in share price.
October 26, 2023 | 3:01 pm
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Carter's is expected to announce its Q3 earnings on 2023-10-27. The company's shares have been down 8.61% over the last 52 weeks. Last quarter, the company beat EPS estimates, which did not affect the share price.
The upcoming earnings report is a significant event for Carter's. However, the company's past performance shows that even beating EPS estimates does not necessarily lead to a positive impact on the share price. Given the negative trend in the company's stock performance over the past year, it's uncertain how the market will react to the earnings announcement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100