Carters Inc. Q1 Income Rises 6%

(RTTNews) - Carters Inc. (CRI) released earnings for its first quarter that rose compared to the same period last year.

The company said its bottom line rose to $54.58 million, or $1.05 per share. This was up from $51.71 million, or $0.97 per share, in last year's first quarter.

Analysts had expected the company to earn $1.00 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.7% to $724.09 million. This was up from $684.76 million last year.

Carters Inc. earnings at a glance:

-Earnings (Q1): $54.58 Mln. vs. $51.71 Mln. last year. -Earnings Growth (Y-o-Y): 5.6% -EPS (Q1): $1.05 vs. $0.97 last year. -EPS Growth (Y-o-Y): 8.2% -Analysts Estimate: $1.00 -Revenue (Q1): $724.09 Mln vs. $684.76 Mln last year. -Revenue Change (Y-o-Y): 5.7%