Capri Holdings Limited (CPRI - Get Report) is expected to report quarterly earnings of 61 cents a share on sales of $1.3 billion before the market opens on Wednesday, based on a FactSet survey of 24 analysts.
In the same period a year ago, the company posted earnings of 63 cents a share on sales of $1.2 billion.
The stock has fallen 18.6% since the company last reported earnings on Feb. 6.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Capri Holdings is currently trading at a price-to-forward-earnings ratio of 7.8 based on the 12-month estimates of 26 analysts surveyed by FactSet.
Capri Holdings Limited is one of the stocks Real Money's Paul Price is watching closely. Please click here to find out more about how Paul is playing the stock and how you can profit from his ideas.
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