Capri Holdings Q4 2024 Adj EPS $0.42 Misses $0.65 Estimate, Sales $1.22B Miss $1.29B Estimate
Portfolio Pulse from Benzinga Newsdesk
Capri Holdings (NYSE: CPRI) reported Q4 2024 adjusted EPS of $0.42, missing the $0.65 estimate. Sales were $1.22 billion, below the $1.29 billion estimate and down 8.39% from last year.
May 29, 2024 | 8:09 pm
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Capri Holdings reported Q4 2024 adjusted EPS of $0.42, missing the $0.65 estimate by 35.38%. Sales were $1.22 billion, missing the $1.29 billion estimate by 5.55% and down 8.39% from last year.
The significant miss on both EPS and sales estimates, along with a year-over-year decline in sales, is likely to negatively impact Capri Holdings' stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100