Carter’s (NYSE:CRI) is set to announce its earnings results before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.69 per share for the quarter.
Carter’s (NYSE:CRI) last posted its quarterly earnings data on Monday, February 25th. The textile maker reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.57 by $0.27. The company had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Carter’s had a net margin of 8.15% and a return on equity of 35.33%. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 EPS. On average, analysts expect Carter’s to post $7 EPS for the current fiscal year and $7 EPS for the next fiscal year.
NYSE:CRI traded up $0.63 on Tuesday, reaching $103.70. The stock had a trading volume of 2,056 shares, compared to its average volume of 726,109. The company has a debt-to-equity ratio of 0.68, a current ratio of 3.19 and a quick ratio of 1.43. The stock has a market cap of $4.73 billion, a P/E ratio of 16.46, a PEG ratio of 1.96 and a beta of 0.61. Carter’s has a 12-month low of $75.66 and a 12-month high of $118.22.
In related news, EVP Julie D’emilio sold 4,000 shares of the stock in a transaction dated Monday, March 11th. The shares were sold at an average price of $92.78, for a total transaction of $371,120.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Richard F. Westenberger sold 6,185 shares of the stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $98.44, for a total transaction of $608,851.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,660 shares of company stock worth $1,218,660. Company insiders own 3.30% of the company’s stock.
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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, Precious Baby, Simple Joys, OshKosh B’gosh, Skip Hop, and other brands. The company operates through three segments: U.S.
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