Tapestry (TPR) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Tapestry, with a focus on how actual results compare to estimates, which could significantly impact the stock price [1][2]. Earnings Expectations - Tapestry is expected to report earnings of $0.89 per share, reflecting a +9.9% change year-over-year, with revenues projected at $1.53 billion, up 3.1% from the previous year [3]. - The earnings report is scheduled for May 8, 2025, and could lead to stock price movements depending on whether the results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 0.6% higher in the last 30 days, indicating a collective reassessment by analysts [4]. - The Most Accurate Estimate aligns with the Zacks Consensus Estimate, resulting in an Earnings ESP of 0%, suggesting no recent differing analyst views [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have shown a nearly 70% success rate in delivering positive surprises [8]. Historical Performance - Tapestry has consistently beaten consensus EPS estimates, achieving this in the last four quarters, including a +14.94% surprise in the most recent quarter [12][13]. Conclusion - While Tapestry does not currently appear to be a strong candidate for an earnings beat, investors should consider other influencing factors before making investment decisions [16].