Children's Place Inc expected to post a loss of $1.10 a share - Earnings Preview

Children's Place

30/08/2024 13:52

* Children's Place Inc  PLCE.OQ   PLCE.O  is expected
to show a
fall in quarterly revenue when it reports  results on September
2 (estimated) for the period ending July 31 2024
    * The Secaucus New Jersey-based  company is expected to
report a
5.3% decrease in revenue to $327.38 million from $345.6 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Children's Place Inc is
for a
loss of $1.10 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "Hold".​
    * Wall Street's median 12-month price target for Children's
Place
Inc is $12.00​, above​ its last closing price of $5.83. ​​​

This summary was machine generated August 30 at 12:52 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)