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Market Impact: 0.34

Kontoor Brands (KTB) Q1 Earnings and Revenues Miss Estimates

KTB
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Kontoor Brands reported quarterly EPS of $1.06, missing the Zacks Consensus Estimate of $1.17 by $0.11, and also declined from $1.20 a year ago. The miss points to weaker-than-expected near-term fundamentals, though the article provides no revenue, guidance, or margin detail. The print is likely to weigh on KTB shares modestly.

Analysis

Kontoor Brands reported quarterly EPS of $1.06, missing the Zacks Consensus Estimate of $1.17 by $0.11, and also declined from $1.20 a year ago. The miss points to weaker-than-expected near-term fundamentals, though the article provides no revenue, guidance, or margin detail. The print is likely to weigh on KTB shares modestly.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.32

Ticker Sentiment

KTB-0.72