Kontoor Brands (NYSE:KTB) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:50 AM.
Here's what investors need to know about the announcement.
Earnings
Kontoor Brands beat estimated earnings by 17.21%, reporting an EPS of $1.43 versus an estimate of $1.22.
Revenue was up $27.98 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 6.83% increase in the share price the next day.
Here's a look at Kontoor Brands's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.79 | 1.03 | 0.35 | 0.87 |
| EPS Actual | 0.88 | 1.28 | 0.70 | 1.43 |
| Revenue Estimate | 688.23M | 615.38M | 475.54M | 605.88M |
| Revenue Actual | 681.09M | 652.30M | 490.76M | 651.76M |
To track all earnings releases for Kontoor Brands visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
