Capri Holdings (CPRI) Q1 Earnings and Revenues Lag Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of$ 0.59 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -93.22%. A quarter ago, it was expected that this luxury retailer would post earnings of$ 0.72 per share when it actually produced earnings of $0.42, delivering a surprise of -41.67%. Over the last four quarters, t ...