Kontoor Brands KTB reported its Q3 earnings results on Thursday, November 3, 2022 at 06:50 AM.
Here's what investors need to know about the announcement.
Earnings
Kontoor Brands beat estimated earnings by 26.14%, reporting an EPS of $1.11 versus an estimate of $0.88.
Revenue was down $45.78 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 1.85% drop in the share price the next day.
Here's a look at Kontoor Brands's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1 | 1.22 | 0.79 | 1.03 |
| EPS Actual | 1.09 | 1.43 | 0.88 | 1.28 |
| Revenue Estimate | 618.20M | 655.33M | 688.23M | 615.38M |
| Revenue Actual | 613.57M | 679.74M | 681.09M | 652.30M |
To track all earnings releases for Kontoor Brands visit their earnings calendar here.
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Posted In: EarningsBZI-Recaps