We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Curious about Capri Holdings (CPRI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that Capri Holdings (CPRI - Free Report) will report quarterly loss of $0.16 per share in its upcoming release, pointing to a year-over-year decline of 138.1%. It is anticipated that revenues will amount to $982.81 million, exhibiting a decline of 19.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Capri Holdings metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Revenue- Versace' stands at $195.54 million. The estimate indicates a change of -25.9% from the prior-year quarter.
Analysts predict that the 'Revenue- Michael Kors' will reach $660.03 million. The estimate points to a change of -19.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Geographic Revenue- Americas (United States, Canada and Latin America)' should come in at $527.03 million. The estimate points to a change of -18.5% from the year-ago quarter.
The combined assessment of analysts suggests that 'Geographic Revenue- Asia' will likely reach $168.26 million. The estimate indicates a change of -24.9% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- EMEA' will reach $292.33 million. The estimate points to a change of -17% from the year-ago quarter.
The average prediction of analysts places 'Income from operations- Michael Kors' at $36.42 million. Compared to the current estimate, the company reported $116 million in the same quarter of the previous year.
Capri Holdings shares have witnessed a change of +13% in the past month, in contrast to the Zacks S&P 500 composite's +8.2% move. With a Zacks Rank #3 (Hold), CPRI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Curious about Capri Holdings (CPRI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Capri Holdings (CPRI - Free Report) will report quarterly loss of $0.16 per share in its upcoming release, pointing to a year-over-year decline of 138.1%. It is anticipated that revenues will amount to $982.81 million, exhibiting a decline of 19.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Bearing this in mind, let's now explore the average estimates of specific Capri Holdings metrics that are commonly monitored and projected by Wall Street analysts.
The consensus estimate for 'Revenue- Versace' stands at $195.54 million. The estimate indicates a change of -25.9% from the prior-year quarter.
Analysts predict that the 'Revenue- Michael Kors' will reach $660.03 million. The estimate points to a change of -19.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Geographic Revenue- Americas (United States, Canada and Latin America)' should come in at $527.03 million. The estimate points to a change of -18.5% from the year-ago quarter.
The combined assessment of analysts suggests that 'Geographic Revenue- Asia' will likely reach $168.26 million. The estimate indicates a change of -24.9% from the prior-year quarter.
It is projected by analysts that the 'Geographic Revenue- EMEA' will reach $292.33 million. The estimate points to a change of -17% from the year-ago quarter.
The average prediction of analysts places 'Income from operations- Michael Kors' at $36.42 million. Compared to the current estimate, the company reported $116 million in the same quarter of the previous year.
View all Key Company Metrics for Capri Holdings here>>>
Capri Holdings shares have witnessed a change of +13% in the past month, in contrast to the Zacks S&P 500 composite's +8.2% move. With a Zacks Rank #3 (Hold), CPRI is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>