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Stock impact report

Kontoor Brands, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year [Yahoo! Finance]

Kontoor Brands, Inc. (KTB) 
Last kontoor brands, inc. earnings: 3/5 06:50 am Check Earnings Report
Company Research Source: Yahoo! Finance
It was overall a positive result, with revenues beating expectations by 3.8% to hit US$631m. Kontoor Brands reported statutory earnings per share (EPS) US$1.05, which was a notable 16% above what the analysts had forecast. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. See our latest analysis for Kontoor Brands Following last week's earnings report, Kontoor Brands' six analysts are forecasting 2024 revenues to be US$2.60b, approximately in line with the last 12 months. Statutory earnings per share are predicted to swell 15% to US$4.62. In the lead-up to this report, the analysts had been modelling revenues of US$2.59b and earnings per share (EPS) of US$4.59 in 2024. So it's pretty clear that, although the analysts have u Show less Read more
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