Kontoor Brands (NYSE:KTB) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:50 AM.
Here’s what investors need to know about the announcement.
Earnings
Kontoor Brands missed estimated earnings by 1.69%, reporting an EPS of $1.16 versus an estimate of $1.18.
Revenue was down $12.62 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 1.15% drop in the share price the next day.
Here’s a look at Kontoor Brands’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.67 | 0.88 | 1 | 1.22 |
| EPS Actual | 0.88 | 1.11 | 1.09 | 1.43 |
| Revenue Estimate | 668.80M | 610.35M | 618.20M | 655.33M |
| Revenue Actual | 731.61M | 606.52M | 613.57M | 679.74M |
To track all earnings releases for Kontoor Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
