Capri Holdings (CPRI) Reports Q2 Loss, Beats Revenue Estimates

Capri Holdings (CPRI) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of$ 0.14. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -121.43%. A quarter ago, it was expected that this luxury retailer would post earnings of$ 0.13 per share when it actually produced earnings of $0.5, delivering a surprise of +284.62%.Over the last four quarters, the company has ...