Capri Holdings: Q2 Earnings Insights

Capri Holdings (NYSE:CPRI) reported its Q2 earnings results on Thursday, November 9, 2023 at 04:05 PM.

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

Capri Holdings missed estimated earnings by 27.1%, reporting an EPS of $1.13 versus an estimate of $1.55.

Revenue was down $121.00 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.41% drop in the share price the next day.

Here's a look at Capri Holdings's past performance:

Quarter	Q1 2024	Q4 2023	Q3 2023	Q2 2023
EPS Estimate	0.71	0.94	2.22	1.54
EPS Actual	0.74	0.97	1.84	1.79
Revenue Estimate	1.20B	1.28B	1.53B	1.40B
Revenue Actual	1.23B	1.33B	1.51B	1.41B

To track all earnings releases for Capri Holdings visit their earnings calendar here.

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