08.02.2024 22:10:41 - dpa-AFX: Capri Holdings Ltd Q3 Profit Decreases, misses estimates

WASHINGTON (dpa-AFX) - Capri Holdings Ltd (CPRI) announced earnings for
third quarter that decreased from the same period last year and missed the
Street estimates.

The company's bottom line totaled $105 million, or $0.88 per share. This
compares with $225 million, or $1.72 per share, in last year's third quarter.

Excluding items, Capri Holdings Ltd reported adjusted earnings of $142 million
or $1.20 per share for the period.

Analysts on average had expected the company to earn $1.71 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 5.3% to $1.43 billion from $1.51
billion last year.

Capri Holdings Ltd earnings at a glance (GAAP) :

-Earnings (Q3): $105 Mln. vs. $225 Mln. last year.
-EPS (Q3): $0.88 vs. $1.72 last year.
-Analyst Estimates: $1.71
-Revenue (Q3): $1.43 Bln vs. $1.51 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Capri Holdings Limited A2PBDX NYSE 33,950 30.07.24 22:00:09 +0,250 +0,74% 33,350 35,000 33,750 33,700

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