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Benzinga
Benzinga
Business
Zacks

Carter's (CRI) Lags Q2 Earnings And Revenue Estimates

Carter's (NYSE:CRI) came out with quarterly earnings of $1.30 per share, missing the Zacks Consensus Estimate of $1.63 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -20.25%. A quarter ago, it was expected that this maker of children's apparel and accessories would post earnings of $1.34 per share when it actually produced earnings of $1.66, delivering a surprise of 23.88%.

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