Kontoor Brands Sees Q4 Revenue Of Approximately $695M Reflecting Growth Of Approximately 4% Vs. $713.378M; Sees Adjusted EPS Of $1.31 Vs. $1.40 Estimate
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Kontoor Brands projects Q4 revenue of approximately $695 million, reflecting a growth of about 4% compared to $713.378 million. The company also anticipates an adjusted EPS of $1.31, which is below the estimated $1.40.
October 31, 2024 | 11:06 am
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Kontoor Brands expects Q4 revenue of $695M, showing a 4% growth, but adjusted EPS of $1.31 is below the $1.40 estimate.
Kontoor Brands' projected Q4 revenue shows growth, but the adjusted EPS is below expectations, which could negatively impact investor sentiment and the stock price in the short term.
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