Tapestry Q4 2024 Adj EPS $0.92 Beats $0.88 Estimate, Sales $1.59B Beat $1.58B Estimate
Portfolio Pulse from Benzinga Newsdesk
Tapestry (NYSE:TPR) reported Q4 2024 adjusted earnings per share (EPS) of $0.92, beating the analyst estimate of $0.88. Quarterly sales were $1.59 billion, also surpassing the $1.58 billion estimate. However, both EPS and sales showed a year-over-year decline.
August 15, 2024 | 10:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tapestry reported Q4 2024 adjusted EPS of $0.92, beating the $0.88 estimate. Sales were $1.59 billion, surpassing the $1.58 billion estimate. Despite beating estimates, both EPS and sales declined year-over-year.
Tapestry's Q4 2024 earnings and sales both beat analyst estimates, which is generally positive for the stock. However, the year-over-year decline in both metrics may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100