Capri Holdings Ltd Q2 adjusted earnings Beat Estimates

(RTTNews) - Capri Holdings Ltd (CPRI) revealed earnings for its second quarter that climbed from last year.

The company's bottom line totaled $200 million, or $1.30 per share. This compares with $122 million, or $0.81 per share, in last year's second quarter.

Excluding items, Capri Holdings Ltd reported adjusted earnings of $235 million or $1.53 per share for the period.

Analysts had expected the company to earn $0.95 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 17.1% to $1.30 billion from $1.11 billion last year.

Capri Holdings Ltd earnings at a glance:

-Earnings (Q2): $235 Mln. vs. $137 Mln. last year. -EPS (Q2): $1.53 vs. $0.90 last year. -Analysts Estimate: $0.95 -Revenue (Q2): $1.30 Bln vs. $1.11 Bln last year.

-Guidance: Next quarter EPS guidance: $1.65 Next quarter revenue guidance: $1.46 Bln Full year EPS guidance: $5.30 Full year revenue guidance: $5.4 Bln