Capri (CPRI) shares were up 0.6% in Wednesday trading after the company posted fiscal Q1 adjusted earnings and revenue above analysts' expectations.

The company reported fiscal Q1 adjusted earnings Wednesday of $0.67 per diluted share, compared with $0.50 a year earlier.

Analysts surveyed by FactSet expected $0.40.

Revenue for the quarter ended June 27 was $769 million, down from $797 million a year earlier.

Analysts expected $756.3 million.

For fiscal Q2, the company expects adjusted diluted EPS of about $0.20 and revenue of about $780 million. Analysts expect $0.44 and $850.4 million respectively.

For fiscal 2027, the company maintained its adjusted diluted EPS outlook of about $2.15. Analysts expect $2.12. Full-year revenue outlook is lowered to about $3.4 billion, from $3.53 billion previously. Analysts are looking for $3.51 billion.

Price: 16.59, Change: +0.09, Percent Change: +0.55