Capri Holdings (CPRI) Misses Q3 Earnings Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -28.57%. A quarter ago, it was expected that this luxury retailer would post earnings of $0.74 per share when it actually produced earnings of $0.65, delivering a surprise of -12.16%.Over the last four quarters, the ...