Tapestry (NYSE:TPR) reported its Q3 earnings results on Thursday, May 12, 2022 at 07:45 AM.
Here's what investors need to know about the announcement.
Earnings
Tapestry beat estimated earnings by 24.39%, reporting an EPS of $0.51 versus an estimate of $0.41.
Revenue was up $165.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.15 which was followed by a 3.78% drop in the share price the next day.
Here's a look at Tapestry's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.18 | 0.70 | 0.68 | 0.30 |
| EPS Actual | 1.33 | 0.82 | 0.74 | 0.51 |
| Revenue Estimate | 2.00B | 1.44B | 1.56B | 1.20B |
| Revenue Actual | 2.14B | 1.48B | 1.61B | 1.27B |
To track all earnings releases for Tapestry visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
