On Tuesday, Tapestry TPR will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Wall Street expects EPS of 57 cents and sales around $1.47 billion.
In the same quarter last year, Tapestry reported EPS of 50 cents on revenue of $1.13 billion. If the company were to match the consensus estimate, earnings would be up 14 percent. Revenue would be up 29.63 percent on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.5 | 0.89 | 0.36 | 0.49 |
| EPS Actual | 0.54 | 1.07 | 0.42 | 0.5 |
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts seem to have settled on a Sell rating with Tapestry. The strength of this rating has maintained conviction over the past three months.
Conference Call
Don't be surprised to see the stock move on comments made during its conference call. Tapestry's Q4 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://www.tapestry.com/investors/
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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