Carter’s (NYSE:CRI – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 3.200-3.800 for the period, compared to the consensus estimate of 4.950. The company issued revenue guidance of $2.8 billion-$2.9 billion, compared to the consensus revenue estimate of $2.8 billion. Carter’s also updated its Q1 2025 guidance to 0.450-0.550 EPS.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on CRI shares. Wells Fargo & Company dropped their price objective on Carter’s from $72.00 to $65.00 and set an “equal weight” rating on the stock in a report on Monday, October 28th. Citigroup raised Carter’s from a “sell” rating to a “neutral” rating and set a $50.00 price objective on the stock in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, Carter’s presently has a consensus rating of “Hold” and an average target price of $65.60.
Check Out Our Latest Research Report on CRI
Carter’s Stock Performance
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.
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