Carter's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Carter's (NYSE:CRI)

Group 1 - Carter's, Inc. is set to release its third-quarter earnings results on October 27, with expected earnings of 74 cents per share, a decrease from $1.64 per share in the same period last year [1] - The consensus estimate for Carter's quarterly revenue is $773.09 million, which is an increase from $758.46 million a year earlier [1] - On September 24, Carter's adopted a limited duration stockholder rights plan after RWWM acquired a 16.86% stake without prior notice [2] Group 2 - Carter's shares rose by 1.8% to close at $32.35 on the last trading day [2] - UBS analyst Jay Sole maintained a Neutral rating and reduced the price target from $32 to $26 [4] - Wells Fargo analyst Ike Boruchow maintained an Underweight rating and increased the price target from $25 to $28 [4] - Citigroup analyst Paul Lejuez maintained a Neutral rating and cut the price target from $50 to $45 [4]