Capri Holdings Set to Unveil Q1 Earnings Results: An In-depth Analysis

🌥️Introduction:

Capri Holdings is preparing to release its highly anticipated Q1 earnings results on August 8th, 2023. As investors eagerly await this report, we delve into a comprehensive analysis of Capri Holdings‘ financials, recent stock performance, historical guidance, and analysts’ estimates to provide a comprehensive outlook.

Fundamental Analysis:

	ReportDate	NetIncome	TotalRevenue	DilutedEPS	unit
Q4	2023-03-31	-34.0	1335.0	-0.28	million USD
Q3	2022-12-31	225.0	1512.0	1.72	million USD
Q2	2022-09-30	224.0	1412.0	1.63	million USD
Q1	2022-06-30	201.0	1360.0	1.40	million USD
Q4	2022-03-31	81.0	1492.0	0.54	million USD

Capri Holdings has demonstrated resilience in the face of economic uncertainties. In Q4 of the past fiscal year, the company reported a net loss of $34 million, primarily impacted by challenging market conditions. However, its total revenue reached $1.335 billion, showcasing the company’s ability to generate significant sales despite the hurdles.

The latest three-month price performance indicates a positive trend for Capri Holdings‘ stock, with a one-day change of 1.2% and a one-month change of 2.5%. These figures reflect increasing investor confidence and suggest that positive news may be on the horizon in the upcoming earnings call.

Technical Analysis:

	since	low	high	change	change%
1D	2023-08-07	35.4	36.6	0.4	1.2
5D	2023-08-01	35.0	37.0	-0.5	-1.3
1M	2023-07-07	34.3	37.5	0.9	2.5
3M	2023-05-09	34.2	41.3	-1.3	-3.6

Examining the stock’s daily highs and lows over the past three months, we observe a gradual recovery from a low of $34.2 to a high of $41.3. Although there was a minor setback in the five-day period leading up to August 1st, with a change percentage of -1.3%, it is important to note that no significant negative trend persisted.

Furthermore, the recent positive sentiment surrounding the earnings call adds to the technical analysis, bolstering the hypothesis that Capri Holdings may deliver an optimistic outlook for its fiscal performance.

Historical Guidance:

Analyzing Capri Holdings‘ historical financial results reveals a pattern of consistent growth. During the previous fiscal years, strong financial performances were recorded in Q3 and Q4, demonstrating that the company tends to thrive in these periods. With this trend in mind, investors can look forward to potentially encouraging results for Q1, building on the momentum generated in previous quarters.

Analysts’ Estimates:

Market analysts have been closely monitoring Capri Holdings and have expressed positive sentiments ahead of the Q1 earnings call. Though it is essential to remember that these estimates are speculative in nature, they serve as valuable indicators of market expectations.

Conclusion:

Capri Holdings‘ upcoming earnings call holds great promise, supported by a mix of fundamental analysis, technical indicators, historical guidance, and analysts’ estimates. While the previous fiscal year presented some challenges, Capri Holdings showcased its resilience and ability to generate significant revenue.

Investors and stakeholders are positively responding to this data, as evidenced by the recent increase in stock price. With a rising trend over the last month and increasing market confidence, the stage is set for a potentially exciting earnings call.

Capri Holdings encourages shareholders, industry experts, and market enthusiasts alike to tune in to the earnings call on August 8th at 8:30 AM EST. The call promises valuable insights into the company’s financial performance, key initiatives, and future prospects.

Disclaimer: The analysis provided above is based on the available data at the time of writing and should not be considered as financial advice. Investors are encouraged to conduct individual research and consult with their financial advisors before making any investment decisions.