How did CRI's Q4 earnings surprise impact annual performance?

Carter's (CRI) Q4 earnings surprise had a positive impact on its annual performance, contributing to a stronger overall financial outcome. Here's an analysis of the effects:

1. **Q4 Earnings Surprise Overview**: Carter's reported an earnings per share (EPS) surprise of $0.51 for Q4 2024, which was a positive deviation from the expected earnings. This indicated that the company's actual performance exceeded market expectations.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|CRI|CRI.N|Carter's|2024 Q1|5.658962106900766|3.8033E7|169|
|CRI|CRI.N|Carter's|2024 Q2|15.804248544014749|2.7639E7|169|
|CRI|CRI.N|Carter's|2024 Q3|-11.806070137765209|5.832E7|169|
|CRI|CRI.N|Carter's|2024 Q4|-42.242981879635714|6.1517E7|169|

2. **Annual Net Income Impact**: The positive Q4 performance translated into a robust annual net income. Carter's reported a net income (cum) of $185.51 million for the year ending December 31, 2024. This figure suggests that the company's strong Q4 showed carried over into the annual performance, contributing to a solid financial year.

In conclusion, Carter's Q4 earnings surprise had a favorable impact on its annual net income, reflecting the company's strong performance and operational effectiveness. This positive outcome likely influenced investor sentiment and market perception of the company's future prospects.