Analysts on Wall Street project that Tapestry (TPR Quick QuoteTPR - Free Report) will announce quarterly earnings of $1.56 per share in its forthcoming report, representing an increase of 13% year over year. Revenues are projected to reach $1.84 billion, increasing 8% from the same quarter last year.

The consensus EPS estimate for the quarter has been revised 0.1% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

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 Tapestry metrics that are commonly monitored and projected by Wall Street analysts.

It is projected by analysts that the 'Net Sales- Kate Spade' will reach $230.13 million. The estimate indicates a year-over-year change of -11.6%.

Analysts forecast 'Net Sales- Coach' to reach $1.62 billion. The estimate points to a change of +13.4% from the year-ago quarter.

Analysts expect 'Geographic Net Sales- Other International' to come in at $177.03 million. The estimate indicates a year-over-year change of +13.3%.

The collective assessment of analysts points to an estimated 'Geographic Net Sales- Other Asia' of $209.48 million. The estimate suggests a change of +5.3% year over year.

Analysts' assessment points toward 'Geographic Net Sales- North America' reaching $1.10 billion. The estimate indicates a change of +2.1% from the prior-year quarter.

According to the collective judgment of analysts, 'Geographic Net Sales- Greater China' should come in at $367.18 million. The estimate indicates a year-over-year change of +35.4%.

The consensus estimate for 'Geographic Net Sales- Greater China- Kate Spade' stands at $7.99 million. The estimate suggests a change of -15% year over year.

Analysts predict that the 'Geographic Net Sales- Other Asia- Kate Spade' will reach $26.27 million. The estimate indicates a change of -0.5% from the prior-year quarter.

The combined assessment of analysts suggests that 'Geographic Net Sales- Other- Kate Spade' will likely reach $22.97 million. The estimate points to a change of -7% from the year-ago quarter.

The average prediction of analysts places 'Number of stores - Total Coach (North America + International)' at 991 . Compared to the current estimate, the company reported 934 in the same quarter of the previous year.

The consensus among analysts is that 'Number of stores - Total (EOP)' will reach 1,354 . Compared to the current estimate, the company reported 1,292 in the same quarter of the previous year.

Based on the collective assessment of analysts, 'Number of stores - Total Kate Spade (North America + International)' should arrive at 324 . Compared to the current estimate, the company reported 358 in the same quarter of the previous year.

Over the past month, Tapestry shares have recorded returns of +3.7% versus the Zacks S&P 500 composite's -2% change. Based on its Zacks Rank #2 (Buy), TPR will likely outperform the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .