Carter's (CRI) Projected to Post Quarterly Earnings on Friday

Carter's (NYSE:CRI - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data 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 - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 EPS for the quarter, beating analysts' consensus estimates of $1.87 by $0.52. Carter's had a net margin of 8.11% and a return on equity of 27.15%. The firm had revenue of $859.70 million for the quarter, compared to the consensus estimate of $835.82 million. During the same period in the previous year, the firm posted $2.76 earnings per share. The firm's revenue was up .2% on a year-over-year basis. 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 1.0 %

CRI stock traded up $0.37 during midday trading on Wednesday, reaching $37.28. The company had a trading volume of 1,553,221 shares, compared to its average volume of 1,215,537. The company has a 50 day moving average of $40.96 and a two-hundred day moving average of $50.44. The company has a market capitalization of $1.34 billion, a P/E ratio of 5.92, a PEG ratio of 3.37 and a beta of 1.09. Carter's has a 1 year low of $32.12 and a 1 year high of $73.90. The company has a current ratio of 2.21, a quick ratio of 0.96 and a debt-to-equity ratio of 0.60.

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 issued a dividend of $0.80 per share. The ex-dividend date was Monday, March 10th. This represents a $3.20 annualized dividend and a dividend yield of 8.58%. Carter's's dividend payout ratio is 62.62%.

Wall Street Analysts Forecast Growth

CRI has been the topic of several research reports. UBS Group dropped their target price on 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 dropped their price objective on 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 reduced 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 research note 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.