Earnings Outlook For Capri Holdings
Portfolio Pulse from Benzinga Insights
Capri Holdings (NYSE:CPRI) is scheduled to release its quarterly earnings report on February 8, 2024, with an estimated EPS of $1.75. Analysts and investors are particularly focused on the company's guidance for future growth. Capri Holdings has a history of mixed earnings performance, with a notable miss last quarter leading to a 2.24% drop in share price. Over the last year, CPRI shares have declined by 5.12%, indicating a bearish outlook among long-term shareholders.
February 07, 2024 | 4:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Capri Holdings is expected to announce its quarterly earnings with an anticipated EPS of $1.75. The focus will be on the company's future guidance. Historical performance shows a pattern of mixed results, with a significant drop in share price following last quarter's earnings miss. Shares have decreased by 5.12% over the past year.
Given Capri Holdings' mixed earnings performance and the recent trend of share price decline following earnings misses, the upcoming earnings report could maintain the current stock price level if it meets or exceeds expectations. However, the emphasis on future guidance means any positive or negative forecasts could significantly sway the stock price. The historical data suggests a cautious approach, hence the neutral score.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100