Capri Holdings (CPRI) Lags Q2 Earnings and Revenue Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of$ 0.74 per share. This compares to earnings of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.16%. A quarter ago, it was expected that this luxury retailer would post earnings of$ 0.59 per share when it actually produced earnings of $0.04, delivering a surprise of -93.22%.Over the last four quarters, the ...