Carter’s Beats its October Forecast and Analysts’ Latest Views

Shares of children’s clothing company Carter’s climbed as much as 10 percent on Wednesday after its quarterly results and full-year outlook beat Wall Street expectations. Earnings per share rose 5 percent to 63 cents, trouncing views of 44 cents a share, while strong sales of its namesake Carter’s and OshKosh B’gosh brands resulted in a 22 percent surge in revenue to $606.6 million. Analysts had expected $572.8 million.