Kontoor Brands: Q3 Earnings Insights

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Kontoor Brands KTB reported its Q3 earnings results on Thursday, November 3, 2022 at 06:50 AM.

Here's what investors need to know about the announcement.

Earnings

Kontoor Brands beat estimated earnings by 26.14%, reporting an EPS of $1.11 versus an estimate of $0.88.

Revenue was down $45.78 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 1.85% drop in the share price the next day.

Here's a look at Kontoor Brands's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 1 1.22 0.79 1.03
EPS Actual 1.09 1.43 0.88 1.28
Revenue Estimate 618.20M 655.33M 688.23M 615.38M
Revenue Actual 613.57M 679.74M 681.09M 652.30M

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.

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