Benzinga | Oct 23, 2020 06:16AM EDT

Carter's Q3 Adj. EPS $1.96 Beats $1.57 Estimate, Sales $865.08M Miss $878.52M Estimate

Carter's (NYSE:CRI) reported quarterly earnings of $1.96 per share which beat the analyst consensus estimate of $1.57 by 24.84 percent. This is a 4.81 percent increase over earnings of $1.87 per share from the same period last year. The company reported quarterly sales of $865.08 million which missed the analyst consensus estimate of $878.52 million by 1.53 percent. This is a 8.29 percent decrease over sales of $943.32 million the same period last year.