Tapestry Inc (TPR) Q4 2024 Earnings Report Preview: What To Look For

Article's Main Image

Tapestry Inc (TPR, Financial) is set to release its Q4 2024 earnings on Aug 15, 2024. The consensus estimate for Q4 2024 revenue is $1,575.56 million, and the earnings are expected to come in at $0.87 per share. The full year 2024's revenue is expected to be $6.66 billion and the earnings are expected to be $3.61 per share. More detailed estimate data can be found on the Estimates page

Tapestry Inc (TPR, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Tapestry Inc (TPR) have seen a decline from $6.74 billion for the full year 2024 to $6.66 billion, and from $6.98 billion to $6.80 billion for 2025. Earnings estimates have also been adjusted, decreasing from $3.93 per share to $3.61 per share for the full year 2024, while increasing from $4.42 per share to $4.49 per share for 2025.

Tapestry Inc (TPR, Financial) Reported History

In the previous quarter of March 31, 2024, Tapestry Inc's (TPR) actual revenue was $1.48 billion, which missed analysts' revenue expectations of $1.50 billion by -1.06%. Tapestry Inc's (TPR) actual earnings were $0.60 per share, which missed analysts' earnings expectations of $0.674 per share by -10.98%. After releasing the results, Tapestry Inc (TPR) was up by 3.57% in one day.

1823691307005145088.png

Tapestry Inc (TPR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 16 analysts, the average target price for Tapestry Inc (TPR) is $48.50 with a high estimate of $60 and a low estimate of $42. The average target implies an upside of 26.86% from the current price of $38.23.

Based on GuruFocus estimates, the estimated GF Value for Tapestry Inc (TPR, Financial) in one year is $45.04, suggesting an upside of 17.81% from the current price of $38.23.

Based on the consensus recommendation from 19 brokerage firms, Tapestry Inc's (TPR, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

1823691384914341888.png

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.