Carter's shares are trading lower after the company issued Q4 adjusted EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
Carter's shares are declining as the company released Q4 adjusted EPS guidance that falls below market estimates.
October 25, 2024 | 2:50 pm
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Carter's shares are trading lower due to the company's Q4 adjusted EPS guidance being below market estimates.
The company's guidance for Q4 adjusted EPS being below estimates is a negative signal for investors, likely leading to a decrease in stock price as it suggests potential underperformance in the upcoming quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100