Capri Holdings CPRI reported its Q1 earnings results on Tuesday, August 9, 2022 at 06:45 AM.
Here’s what investors need to know about the announcement.
Capri Holdings beat estimated earnings by 10.29%, reporting an EPS of $1.5 versus an estimate of $1.36.
Revenue was up $107.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 0.45% drop in the share price the next day.
Here’s a look at Capri Holdings’s past performance:
|Quarter||Q4 2022||Q3 2022||Q2 2022||Q1 2022|
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).
Capri Holdings management provided guidance for FY 2023, expecting earnings between $6.85 and $6.85 per share.
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.
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