Tapestry (TPR) Beats Q1 Earnings and Revenue Estimates

Tapestry (TPR) came out with quarterly earnings of $1.02 per share, beating the Zacks Consensus Estimate of$ 0.95 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.37%. A quarter ago, it was expected that this maker of high-end shoes and handbags would post earnings of$ 0.88 per share when it actually produced earnings of $0.92, delivering a surprise of 4.55%.Over the last four qua ...