Tapestry, Inc. (TPR) - Get Tapestry Inc. Report is expected to report quarterly earnings of 41 cents a share on sales of $1.3 billion before the market opens on Thursday, based on a FactSet survey of 26 analysts.
In the same period a year ago, the company posted earnings of 54 cents a share on sales of $1.3 billion.
The stock has fallen 8.2% since the company last reported earnings on Feb. 7.
Quarterly estimates have fallen less than 1 cent a share in the past month.
Tapestry is currently trading at a price-to-forward-earnings ratio of 11.1 based on the 12-month estimates of 30 analysts surveyed by FactSet.
Tapestry is one of the stocks Real Money's Paul Price is watching closely. To find out more about how Paul is playing the stock and how you can profit from his ideas, click here.
Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.