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Market Overview

Earnings Outlook For Capri Holdings

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Capri Holdings (NYSE:CPRI) announces its next round of earnings this Friday, July 30. Here is Benzinga's look at Capri Holdings's Q1 earnings report.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Capri Holdings reporting earnings of $0.79 per share on revenue of $1.11 billion. Capri Holdings reported a per-share loss of $1.04 when it published results during the same quarter last year. Sales in that period totaled $451.00 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release.
When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to post earnings in line with the consensus estimate when it reports Friday, EPS would be up 175.96%. Sales would be have grown 146.12% from the same quarter last year. Here is how the Capri Holdings's reported EPS has stacked up against analyst estimates in the past:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.02 1.01 0.01 -1.08 0.14
EPS Actual 0.38 1.65 0.90 -1.04 0.11
Revenue Estimate 1.02 B 1.33 B 916.22 M 431.86 M 1.12 B
Revenue Actual 1.20 B 1.30 B 1.11 B 451.00 M 1.19 B

eps graph

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of Capri Holdings were trading at $49.42 as of July 28. Over the last 52-week period, shares are up 234.18%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Capri Holdings is scheduled to hold the call at 08:30:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings