Capri Holdings (CPRI) Q3 Earnings and Revenues Lag Estimates

Capri Holdings (CPRI) came out with quarterly earnings of $1.20 per share, missing the Zacks Consensus Estimate of $1.74 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -31.03%. A quarter ago, it was expected that this luxury retailer would post earnings of $1.49 per share when it actually produced earnings of $1.13, delivering a surprise of -24.16%.Over the last four quarters, the ...