Capri Holdings Limited (NYSE:CPRI) is reporting fourth quarter earnings results on Wednesday 1st July 2020, before market open.
The Company Outlook
Earnings for 4Q20 are anticipated in a range of $ 0.68 ~ $ 0.73 per share, while revenues are expected in a range of $ 1,300.00 million ~ $ 1,300.00 million
Full Year 2020 topline are forecasted in a range of$ 5,650.00 million ~ $ 5,650.00 million, where as bottomline are predicted in a range of $ 4.45 ~ $ 4.50 per share
Stock Performance
According to the previous trading day, closing price of CPRI was $ 15.63, representing a 188.38 % increase from the 52 week low of $ 5.42 and a 60.83 % decrease over the 52 week high of $ 39.90.
The company has a market capital of $ 2.33 billion and is part of the Consumer Cyclical sector and Apparel Manufacturing industry.
Recent Analyst recommendations
On 8th June 2020, maintained by Deutsche Bank at Hold rating, with $ 21.00 target price.
On 12th May 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 15.00 target price.
Conference Call
Capri Holdings Limited will be hosting a conference call at 8:30 AM eastern time on 1st July 2020, to discuss its 4Q20 financial results with the investment community. The participants may dial, (866) 548-4713 Toll Free or (323) 794-2093 Toll Number, when prompted, enter passcode 6816825 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.capriholdings.com
Capri Holdings Limited designs, markets, distributes, and retails branded womens and mens apparel and accessories in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia. The companys Versace segment offers ready-to-wear, accessories, footwear, and home furnishings through a distribution network, including boutiques; and department and specialty stores, as well as through Versace e-commerce sites in the United States, Europe, and China. It also licenses Versace brand name and trademarks to third parties to retail and/or wholesale its products; and has licensing agreements to the manufacture and sale of jeans, fragrances, watches, and eyewear.
