Carter's (NYSE:CRI) is preparing to release its quarterly earnings on Friday, 2024-10-25. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Carter's to report an earnings per share (EPS) of $1.34.

The market awaits Carter's's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

In the previous earnings release, the company beat EPS by $0.27, leading to a 0.0% drop in the share price the following trading session.

Here's a look at Carter's's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.49

0.77

2.63

1.54

EPS Actual

0.76

1.04

2.76

1.84

Price Change %

-4.0%

-2.0%

2.0%

0.0%

Tracking Carter's's Stock Performance

Shares of Carter's were trading at $65.55 as of October 23. Over the last 52-week period, shares are up 2.53%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analysts' Take on Carter's

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Carter's.

Analysts have provided Carter's with 2 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $63.0, suggesting a potential 3.89% downside.

Analyzing Ratings Among Peers

The below comparison of ...