Carter's (NYSE:CRI) reported its Q4 earnings results on Friday, February 25, 2022 at 06:23 AM.
Here's what investors need to know about the announcement.
Earnings
Carter's beat estimated earnings by 12.14%, reporting an EPS of $2.31 versus an estimate of $2.06.
Revenue was up $72.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 2.37% drop in the share price the next day.
Here's a look at Carter's's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.73 | 0.79 | 0.32 | 2.73 |
| EPS Actual | 1.93 | 1.67 | 1.98 | 2.46 |
| Revenue Estimate | 960.93M | 713.84M | 664.49M | 1.06B |
| Revenue Actual | 890.59M | 746.40M | 787.36M | 989.90M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Carter's management provided guidance for their next quarter, expecting earnings between $1.25 and $1.35 per share for the next quarter.
This represents a -43.72% in quarter-over-quarter growth for Carter's, a bearish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
