Can KTB sustain its EPS growth into Q1 2025?

**Kontoor Brands (KTB) faces challenges in sustaining its EPS growth into Q1 2025.** Here's why:

1. **Recent Performance and Market Reaction**: KTB experienced a significant drop in share value following the release of a disappointing fourth-quarter earnings report. The company missed full-year revenue and EPS guidance, which compounded concerns about its financial health.
2. **Economic Indicators**: The bearish trend in KTB's stock has been ongoing for 46 days, with a continuation probability of 50% for the clear trend. This suggests that the stock is likely to remain under pressure in the near term.
3. **Support and Resistance Levels**: The stock is currently positioned between narrow support and wide support levels, which indicates that while there is some support, it may not be strong enough to propel the stock upwards. The resistance level is also notable, suggesting that breaking through it could be difficult.
4. **Price Forecast**: The price forecast for KTB in the upcoming days shows a general decline, with prices predicted to fluctuate around the $56 to $59 range, which is below the current trading price. This indicates a potential for further declines unless there is a positive catalyst.
5. **Company Initiatives**: KTB has initiated 'Project Jeanius' to enhance gross profit and achieve SG&A savings. While these initiatives are positive, it may take time to see the results, and the company's immediate outlook does not appear strong enough to support a rapid EPS growth trajectory.

In conclusion, while KTB has potential for recovery through 'Project Jeanius,' the immediate EPS growth trajectory does not appear sustainable into Q1 2025, given the current stock performance, market sentiment, and economic indicators. Investors should exercise caution and consider the potential risks before investing in KTB at this time.