Carter's Sees Q4 Revenue Of $862M - $877M Vs. $897.85M Est.
Portfolio Pulse from Benzinga Newsdesk
Carter's, Inc. (CRI) has projected its Q4 revenue to be between $862M and $877M, which is lower than the estimated $897.85M.
October 27, 2023 | 10:31 am
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Carter's, Inc. (CRI) has projected its Q4 revenue to be lower than the estimated $897.85M, which could negatively impact its stock price.
Carter's, Inc. (CRI) has projected its Q4 revenue to be lower than the estimated $897.85M. This lower than expected revenue projection could lead to a decrease in investor confidence, potentially causing a drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100