Carter’s (CRI) Set to Announce Quarterly Earnings on Thursday

Share on StockTwits

Carter’s (NYSE:CRI) is scheduled to be releasing its earnings data before the market opens on Thursday, October 25th. Analysts expect Carter’s to post earnings of $1.70 per share for the quarter. Carter’s has set its Q3 guidance at $1.70 EPS.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Thursday, July 26th. The textile maker reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.22. Carter’s had a net margin of 8.69% and a return on equity of 34.29%. The business had revenue of $696.20 million during the quarter, compared to the consensus estimate of $684.04 million. During the same quarter last year, the company earned $0.79 earnings per share. The business’s quarterly revenue was up .6% compared to the same quarter last year. On average, analysts expect Carter’s to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of CRI stock traded down $1.67 during mid-day trading on Friday, reaching $94.36. 1,120,296 shares of the company were exchanged, compared to its average volume of 1,059,435. Carter’s has a fifty-two week low of $92.29 and a fifty-two week high of $129.00. The company has a current ratio of 3.36, a quick ratio of 1.24 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $4.46 billion, a P/E ratio of 16.38, a PEG ratio of 1.62 and a beta of 0.50.

A number of research firms have recently weighed in on CRI. ValuEngine raised shares of Carter’s from a “hold” rating to a “buy” rating in a research report on Saturday, July 14th. Cowen reissued a “hold” rating and set a $104.00 price target on shares of Carter’s in a research report on Friday, July 27th. Finally, Zacks Investment Research raised shares of Carter’s from a “sell” rating to a “hold” rating in a research report on Monday, July 30th. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Carter’s has an average rating of “Buy” and an average target price of $120.70.

In other Carter’s news, Director Jevin Eagle sold 5,000 shares of Carter’s stock in a transaction on Wednesday, August 22nd. The shares were sold at an average price of $109.10, for a total value of $545,500.00. Following the completion of the transaction, the director now owns 6,297 shares of the company’s stock, valued at $687,002.70. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director David Pulver acquired 1,000 shares of the firm’s stock in a transaction on Friday, July 27th. The stock was acquired at an average cost of $105.00 per share, with a total value of $105,000.00. Following the acquisition, the director now owns 58,517 shares of the company’s stock, valued at $6,144,285. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 13,000 shares of company stock valued at $1,309,110. 3.30% of the stock is currently owned by corporate insiders.

Carter’s Company Profile

Carter's, Inc, together with its subsidiaries, designs, sources, and markets branded childrenswear under the Carter's, Child of Mine, Just One You, Precious Firsts, Simple Joys, OshKosh, Skip Hop, and other brands. The company operates through three segments: U.S. Retail, U.S. Wholesale, and International.

See Also: Asset Allocation Models, Which is Right For You?

Earnings History for Carter`s (NYSE:CRI)

Receive News & Ratings for Carter's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Carter's and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

TrueFlip  24-Hour Volume Tops $198,164.00
TrueFlip 24-Hour Volume Tops $198,164.00
PluraCoin  Price Tops $0.0002
PluraCoin Price Tops $0.0002
$0.42 EPS Expected for Meta Financial Group Inc.  This Quarter
$0.42 EPS Expected for Meta Financial Group Inc. This Quarter
Mesa Laboratories, Inc.  Receives Average Rating of “Strong Buy” from Brokerages
Mesa Laboratories, Inc. Receives Average Rating of “Strong Buy” from Brokerages
Phillips 66  Getting Somewhat Favorable Press Coverage, Analysis Finds
Phillips 66 Getting Somewhat Favorable Press Coverage, Analysis Finds
Nebula AI  Price Reaches $0.0016 on Top Exchanges
Nebula AI Price Reaches $0.0016 on Top Exchanges


© 2006-2018 Ticker Report