Capri (CPRI) Scheduled to Post Quarterly Earnings on Thursday

Capri (NYSE:CPRI) will be releasing its earnings data after the market closes on Thursday, August 8th. Analysts expect Capri to post earnings of $0.64 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Capri (NYSE:CPRI) last issued its earnings results on Wednesday, May 29th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.30). The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.29 billion. Capri had a positive return on equity of 22.76% and a negative net margin of 4.43%. The business’s revenue was down 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.97 EPS. On average, analysts expect Capri to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Capri Stock Up 0.6 %

Shares of Capri stock opened at $32.48 on Wednesday. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of -16.49, a PEG ratio of 3.37 and a beta of 2.01. Capri has a twelve month low of $30.79 and a twelve month high of $54.52. The company has a current ratio of 0.95, a quick ratio of 0.44 and a debt-to-equity ratio of 0.79. The business’s 50 day simple moving average is $33.37 and its 200-day simple moving average is $39.45.

Wall Street Analysts Forecast Growth

CPRI has been the topic of a number of recent research reports. UBS Group cut their target price on Capri from $41.00 to $39.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 31st. StockNews.com assumed coverage on shares of Capri in a research report on Saturday, April 13th. They issued a “hold” rating for the company. Telsey Advisory Group reaffirmed a “market perform” rating and set a $42.00 price target on shares of Capri in a report on Thursday, May 30th. OTR Global restated a “mixed” rating on shares of Capri in a research report on Wednesday, April 17th. Finally, Jefferies Financial Group reduced their price target on Capri from $57.00 to $38.00 and set a “hold” rating for the company in a research report on Thursday, May 30th. Eight investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $45.29.

Capri Company Profile

Capri Holdings Limited designs, markets, distributes, and retails branded women's and men's apparel, footwear, and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. It operates through three segments: Versace, Jimmy Choo, and Michael Kors. The company offers ready-to-wear, accessories, footwear, handbags, scarves and belts, small leather goods, eyewear, watches, jewelry, fragrances, and home furnishings through a distribution network, including boutiques, department, and specialty stores, as well as through e-commerce sites.