Carter’s (NYSE:CRI) Releases FY25 Earnings Guidance

Carter’s (NYSE:CRI) updated its FY25 earnings guidance on Tuesday. The company provided EPS guidance of $3.20-3.80 for the period, compared to the consensus EPS estimate of $4.87. The company issued revenue guidance of $2.78-2.855 billion, compared to the consensus revenue estimate of $2.81 billion. Carter’s also updated its FY 2025 guidance to 3.200-3.800 EPS.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CRI. Wells Fargo & Company lowered their price objective on shares of Carter’s from $72.00 to $65.00 and set an “equal weight” rating for the company in a research report on Monday, October 28th. Citigroup upgraded shares of Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price target for the company in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $65.60.

Carter’s Trading Up 0.3 %

CRI opened at $52.19 on Tuesday. The company’s 50 day moving average price is $53.36 and its two-hundred day moving average price is $58.50. The firm has a market capitalization of $1.88 billion, a price-to-earnings ratio of 8.28, a PEG ratio of 3.37 and a beta of 1.21. Carter’s has a fifty-two week low of $49.65 and a fifty-two week high of $88.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.52. The business had revenue of $859.70 million during the quarter, compared to the consensus estimate of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. Carter’s’s quarterly revenue was up .2% on a year-over-year basis. During the same period in the prior year, the business posted $2.76 earnings per share. As a group, research analysts predict that Carter’s will post 5.15 earnings per share for the current year.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.