Capri Holdings CPRI reported its Q1 earnings outcomes on Tuesday, August 9, 2022 at 06:45 AM.
This is what buyers must know in regards to the announcement.
Earnings
Capri Holdings beat estimated earnings by 10.29%, reporting an EPS of $1.5 versus an estimate of $1.36.
Income was up $107.00 million from the identical interval final 12 months.
Previous Earnings Efficiency
Final quarter the corporate beat on EPS by $0.2 which was adopted by a 0.45% drop within the share worth the following day.
This is a take a look at Capri Holdings’s previous efficiency:
| Quarter | This autumn 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.82 | 1.69 | 0.95 | 0.79 |
| EPS Precise | 1.02 | 2.22 | 1.53 | 1.42 |
| Income Estimate | 1.41B | 1.47B | 1.27B | 1.11B |
| Income Precise | 1.49B | 1.61B | 1.30B | 1.25B |
New buyers ought to notice that it’s typically not an earnings beat or miss that almost all impacts the worth of a inventory, however the steerage (or forecast).
Steering
Capri Holdings administration offered steerage for FY 2023, anticipating earnings between $6.85 and $6.85 per share.
To trace all earnings releases for Capri Holdings go to their earnings calendar right here.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.