Carter's (CRI) News Today

Carter’s, Inc. (NYSE: CRI) has been under pressure, with shares down 11.4% over the past four weeks. However, recent analyst estimate revisions and technical indicators suggest the selling may be nearing exhaustion, creating a potential near-term recovery catalyst.

• Positive Sentiment: Carter’s has been added to the Zacks Rank #1 (Strong Buy) list and the firm’s Strong Buy income-stock list, which may attract value- and income-focused investors. New Strong Buy Stocks for August 24th Best Income Stocks to Buy for August 24th
• Positive Sentiment: Zacks Research raised its Q4 2027 EPS forecast to $2.74 from $1.92 and its Q2 2028 forecast to $1.25 from $0.19. These increases indicate stronger expected earnings in key future quarters. Carter's earnings estimate revisions
• Positive Sentiment: Zacks says CRI is technically oversold after its recent decline, while broader analyst earnings revisions are improving. Oversold conditions can signal that heavy selling has eased and a trend reversal may be possible. Carter's Loses 11.4% in 4 Weeks
• Neutral Sentiment: Analysts highlighted Carter’s stronger recent results, while the current full-year EPS consensus remains $3.28. This supports the investment case but does not represent a new company guidance change. Carter’s Draws Attention After Stronger Results
• Negative Sentiment: Estimate revisions were mixed: Q3 2027 EPS was cut sharply to $0.13 from $0.71, and Q1 2028 EPS was reduced to a projected loss of $0.25 from $0.27 profit. These cuts point to potential near-term earnings volatility. Zacks’ published ratings are also inconsistent, ranging from Hold to Strong Buy. Q3 Earnings Forecast for Carter's Issued By Zacks Research