Carter’s (NYSE:CRI) Updates FY25 Earnings Guidance

Carter’s (NYSE:CRI) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.20-3.80 for the period, compared to the consensus earnings per share estimate of $4.87. The company issued revenue guidance of $2.78-2.855 billion, compared to the consensus revenue estimate of $2.81 billion. Carter’s also updated its FY 2025 guidance to 3.200-3.800 EPS.

Carter’s Stock Up 0.1 %

Shares of CRI traded up $0.05 during midday trading on Wednesday, hitting $43.72. The stock had a trading volume of 555,872 shares, compared to its average volume of 1,020,637. The company has a 50 day simple moving average of $53.10 and a two-hundred day simple moving average of $58.37. Carter’s has a twelve month low of $42.55 and a twelve month high of $88.03. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of 6.94, a price-to-earnings-growth ratio of 3.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.21 and a quick ratio of 0.96.

Carter’s (NYSE:CRI) last released its quarterly earnings results on Tuesday, February 25th. The textile maker reported $2.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.52. Carter’s had a return on equity of 27.15% and a net margin of 8.11%. The firm had revenue of $859.70 million for the quarter, compared to the consensus estimate of $835.82 million. During the same quarter last year, the business posted $2.76 EPS. The company’s revenue for the quarter was up .2% on a year-over-year basis. On average, analysts anticipate that Carter’s will post 5.15 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wells Fargo & Company decreased their price objective on Carter’s from $65.00 to $48.00 and set an “equal weight” rating for the company in a report on Wednesday. Citigroup decreased their price objective on Carter’s from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Wednesday. One research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $61.20.

About Carter’s

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.