Capri Holdings Guides FY24 EPS Above Estimates - Update

RTTNews | 715 days ago
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 | 918 days ago
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Friday, adding to the gains in the previous seven sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving to near the 8,400 level, with gains across most sectors led by mining, financial and technology stocks.
RTTNews | 4 minutes ago
Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday halted the three-day winning streak in which it had jumped almost 65 points or 1.9 percent. The Shanghai Composite Index now rests just above the 3,380-point plateau and it's tipped to open in the green on Friday.
RTTNews | 7 minutes ago
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market on Thursday snapped the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,730-point plateau although it's likely to tick higher again on Friday.
RTTNews | 37 minutes ago
Singapore Stock Market May Extend Thursday's Gains

Singapore Stock Market May Extend Thursday's Gains

The Singapore stock market bounced higher again on Thursday, one day after ending the two-day winning streak in which it had gathered more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,890-point plateau and it may add to its winnings on Friday.
RTTNews | 1h 7min ago
Japan GDP Slips 0.2% On Quarter In Q1

Japan GDP Slips 0.2% On Quarter In Q1

The Japanese economy contracted a seasonally adjusted 0.2 percent on quarter in the first quarter of 2025, the Cabinet Office said on Friday - missing expectations for a decline of 0.1 percent following the 0.6 percent gain in the three months prior.
RTTNews | 1h 10min ago
Malaysia Shares May Bounce Higher Again On Friday

Malaysia Shares May Bounce Higher Again On Friday

The Malaysia stock market on Thursday snapped the three-day winning streak in which it had risen more than 40 points or 2.7 percent. The Kuala Lumpur Composite Index now sits just above the 1,570-point plateau although it may see renewed support on Friday.
RTTNews | 1h 37min ago
Japan Shares Tipped To End Losing Streak

Japan Shares Tipped To End Losing Streak

The Japanese stock market has moved lower in back-to-back sessions, dropping almost 450 points or 1.3 percent along the way. The Nikkei 225 now sits just above the 37,750-point plateau although it may find traction on Friday.
RTTNews | 1h 52min ago