Recap: Carter's Q4 Earnings - Carter's (NYSE:CRI)

Carter's CRI reported its Q4 earnings results on Friday, February 25, 2022 at 06:23 AM.

Here's what investors need to know about the announcement.

Carter's beat estimated earnings by 12.14%, reporting an EPS of $2.31 versus an estimate of $2.06.

Revenue was up $72.10 million from the same period last year.

Last quarter the company beat on EPS by $0.2 which was followed by a 2.37% drop in the share price the next day.

Here's a look at Carter's's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.73	0.79	0.32	2.73
EPS Actual	1.93	1.67	1.98	2.46
Revenue Estimate	960.93M	713.84M	664.49M	1.06B
Revenue Actual	890.59M	746.40M	787.36M	989.90M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Carter's management provided guidance for their next quarter, expecting earnings between $1.25 and $1.35 per share for the next quarter.

This represents a -43.72% in quarter-over-quarter growth for Carter's, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.