Carter’s (NYSE:CRI) Updates Q1 2025 Earnings Guidance

Carter’s (NYSE:CRI) issued an update on its first quarter 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.450-0.550 for the period, compared to the consensus EPS estimate of 0.860. The company issued revenue guidance of $615.0 million-$625.0 million, compared to the consensus revenue estimate of $653.0 million. Carter’s also updated its FY 2025 guidance to 3.200-3.800 EPS.

Analyst Ratings Changes

Separately, 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 equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to data from MarketBeat, Carter’s currently has an average rating of “Hold” and a consensus price target of $65.60.

Carter’s Trading Down 15.9 %

CRI opened at $43.77 on Wednesday. The company’s 50 day moving average price is $53.10 and its two-hundred day moving average price is $58.37. The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of 6.95, a PEG ratio of 3.37 and a beta of 1.21. Carter’s has a fifty-two week low of $42.55 and a fifty-two week high of $88.03. 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 issued its quarterly earnings data on Tuesday, February 25th. The textile maker reported $2.39 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.52. The company had revenue of $859.70 million for the quarter, compared to analysts’ expectations of $835.82 million. Carter’s had a net margin of 8.11% and a return on equity of 27.15%. Carter’s’s revenue for the quarter was up .2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.76 earnings per share. As a group, research analysts predict that Carter’s will post 5.15 earnings per share for the current year.

Carter’s Company Profile

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.