Carter's, Inc. (NYSE:CRI) is set to announce second quarter earning results on Friday 24th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CRI to report 2Q20 loss of $ 0.25 per share.
For the full year, analysts anticipate top line of $ 3127.74 million, while looking forward to income of $ 3.17 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 3,590.00 million ~ $ 3,625.00 million, where as bottomline are predicted in a range of $ 6.72 ~ $ 6.85 per share
Click Here For More Historical Outlooks Of Carter's, Inc.
Previous Quarter Performance
Carter's, Inc. disclosed loss for the first quarter of $ 0.81 per share, from the revenue of $ 654.47 million. The quarterly earnings lowered 17.54 percent while revenues compared with the same quarter last year.
The consensus estimates are income of $ 0.24 per share from $ 674.90 million in revenue. The bottom line results missed street analysts by $ 1.05 or 437.5 percent, at the same time, top line results fell short of analysts by $ 20.43 million or 3.03 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CRI was $ 85.46, representing a 42.03 % increase from the 52 week low of $ 60.17 and a 24.01 % decrease over the 52 week high of $ 112.46.
The company has a market capital of $ 3.73 billion and is part of the Consumer Cyclical sector and Apparel Stores industry.
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Recent Analyst recommendations
On 11th June 2020, maintained by UBS Group at Neutral rating, with $ 82.00 target price.
Conference Call
Carter's, Inc. will be hosting a conference call at 8:30 AM eastern time on 24th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.carters.com
Carters, Inc., together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carters, Child of Mine, Just One You, Precious Firsts, Precious Baby, Simple Joys, OshKosh Bgosh, Skip Hop, and other brands. The company operates through three segments: U.S. Retail, U.S.
