Mid-Morning Market Update: Markets Mixed; Tapestry Earnings Beat Estimates
Following the market opening Thursday, the Dow traded down 0.24% to 35,992.87 while the NASDAQ rose 0.66% to 15,726.06. The S&P also rose, gaining 0.16% to 4,654.12.
Tapestry Q1 EPS $0.82 Beats $0.70 Estimate, Sales $1.48B Beat $1.44B Estimate
Tapestry (NYSE:TPR) reported quarterly earnings of $0.82 per share which beat the analyst consensus estimate of $0.70 by 17.14 percent. This is a 41.38 percent increase over earnings of $0.58 per share from the same
5 Stocks To Watch For November 11, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Tapestry, Inc. (NYSE: TPR) to report quarterly earnings at $0.70 per share on revenue of $1.44 billion before the opening bell. Tapestry shares rose 1.5% to $43.25 in after-hours trading.
Earnings Scheduled For November 11, 2021
Companies Reporting Before The Bell
• NICE (NASDAQ:NICE) is likely to report quarterly earnings at $1.58 per share on revenue of $465.75 million.
Joshua Schulman To Become Capri Holdings CEO Next Year
Capri Holdings Ltd (NYSE:CPRI) has appointed Joshua Schulman as Chief Executive Officer of the Michael Kors brand effective August 24, 2021.…
‘Fast Money Halftime Report’ Picks For August 19
Jon Najarian said on CNBC's "Fast Money Halftime Report" he bought Tapestry Inc (NYSE: TPR) on Thursday.
Tapestry Stock Falls After Q4 Results, Reinstates Dividend At Lower Rate
Tapestry Inc (NYSE:TPR) reported fourth-quarter FY21 sales growth of 126.6% year-on-year, to $1.62 billion, beating the analyst consensus of $1.56 billion.…