Capri Holdings Guides FY24 EPS Above Estimates - Update

RTTNews | 883 hari yang lalu
Capri Holdings Guides FY24 EPS Above Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) initiated its earnings and revenue guidance for the first quarter and full-year 2024.

For the first quarter, the company projects earnings of about $0.70 per share on revenues of about $1.20 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.41 per share on revenues of $1.30 billion for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2024, the company now projects earnings of approximately $6.40 per share on revenues of about $5.70 billion.

The Street is looking for earnings of $6.29 per share on revenues of $5.74 billion for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Capri Holdings Backs FY22 EPS Outlook, But Trimmed Revenue Forecast

Capri Holdings Backs FY22 EPS Outlook, But Trimmed Revenue Forecast

While reporting financial results for the second quarter on Wednesday, fashion luxury group Capri Holdings Ltd. (CPRI) maintains its earnings guidance for the full-year 2023, while trimming annual revenue outlook. The company also provided forecast for the third quarter.
RTTNews | 1086 hari yang lalu
Swiss Market Settles Slightly Down

Swiss Market Settles Slightly Down

The Switzerland market ended slightly down on Thursday, after languishing in the red almost right through the day's session, with investors reacting to corporate earnings updates, and a report showing signs of an improved outlook in the Swiss economy.
RTTNews | 5j 49min yang lalu
ECB Holds Interest Rates Steady Amid Uncertain Outlook

ECB Holds Interest Rates Steady Amid Uncertain Outlook

The European Central Bank maintained its key interest rates unchanged for a third policy session in a row on Thursday, as expected, as policymakers assessed that the outlook was broadly unchanged, but still uncertain due to global trade conflicts and geopolitical tensions.
RTTNews | 9j 51min yang lalu
Eurozone GDP Growth Beats Expectations

Eurozone GDP Growth Beats Expectations

The euro area economy expanded at a faster pace in the third quarter as France and Spain reported strong growth, while Germany and Italy experienced stagnation, amid a highly uncertain outlook due to the ongoing trade policies and political instability. Gross domestic product climbed 0.2 percent sequentially in the September quarter, preliminary flash estimate from Eurostat showed on Thursday.
RTTNews | 10j 36min yang lalu
Bay Street Likely To Open Weak

Bay Street Likely To Open Weak

Weak commodity prices, lower European stocks and U.S. and Canadian futures point to a negative start for the Canadian market on Thursday. The Federal Reserve and Bank of Canada lowered interest rates on Wednesday but have ruled out the possibility of another cut this year.
RTTNews | 11j 28min yang lalu
German Economy Stagnates On Weaker Exports; Unemployment Falls

German Economy Stagnates On Weaker Exports; Unemployment Falls

The German economy stagnated in the third quarter, narrowly dodging a recession as higher U.S. tariffs damped exports and the optimism about the fiscal stimulus faded, while unemployment logged an unexpected moderate fall. Gross domestic product remained unchanged, as expected, following a revised decline of 0.2 percent in the second quarter, the preliminary estimate from Destatis revealed on T
RTTNews | 11j 31min yang lalu