Carter’s (CRI) to Release Earnings on Friday

Carter’s (NYSE:CRI) is anticipated to announce its Q1 2025 earnings results before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.53 per share and revenue of $624.86 million for the quarter.

Carter’s (NYSE:CRI) last posted its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.87 by $0.52. The firm had revenue of $859.70 million for the quarter, compared to the consensus estimate of $835.82 million. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The business’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.76 EPS. On average, analysts expect Carter’s to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Carter’s Stock Up 2.5 %

NYSE CRI opened at $36.86 on Wednesday. The stock has a market capitalization of $1.33 billion, a P/E ratio of 5.85, a price-to-earnings-growth ratio of 3.37 and a beta of 1.09. Carter’s has a 52 week low of $32.12 and a 52 week high of $74.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.96 and a current ratio of 2.21. The stock has a fifty day moving average of $41.27 and a 200-day moving average of $50.53.

Carter’s Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 10th were given a $0.80 dividend. The ex-dividend date of this dividend was Monday, March 10th. This represents a $3.20 dividend on an annualized basis and a yield of 8.68%. Carter’s’s payout ratio is 62.62%.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. UBS Group cut their target price on shares of Carter’s from $57.00 to $49.00 and set a “neutral” rating on the stock in a research report on Wednesday, February 26th. Citigroup cut their price objective on shares of Carter’s from $50.00 to $45.00 and set a “neutral” rating on the stock in a report on Wednesday, February 26th. Finally, Wells Fargo & Company lowered their target price on shares of Carter’s from $65.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday, February 26th.

Carter’s Company Profile

Carter’s, Inc engages in the business of brand marketing of young children’s apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.