The fourth quarter financial results of Tapestry (NYSE: TPR) will be unveiled on Thursday 15th August 2024. This eagerly awaited announcement is scheduled to occur before market open.
the business is expected to report an estimated per share $0.88 profit for the quarter, as predicted by financial analysts on Wall Street. Furthermore, the company is anticipated to disclose a total revenue of $1.57 billion during this period.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $6.65 billion. Additionally, they expect the company to post profit of $4.24 per share for the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.95. This figure was a result of the company's total revenue, which reached an impressive $1.62 billion million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.81 | +3.8% | 1.48 B | -1.9% |
| Q2 2024 | $1.63 | +19.9% | 2.09 B | +3.0% |
| Q1 2024 | $0.93 | +17.7% | 1.51 B | +0.4% |
| Q4 2023 | $0.95 | +21.8% | 1.62 B | -0.3% |
*Growth on year-over-year basis
The previous trading day saw Tapestry (TPR) shares trading between $37.79 and $38.32, besides a volume of 3.81 million shares. The stock closed Thursday's regular trading session at $37.96, marking 0.71 percent decrease.
