Children's Place Inc expected to post a loss of $1.14 a share - Earnings Preview

Children's Place

12/03/2024 12:53

* Children's Place Inc  PLCE.OQ   PLCE.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 14
(estimated) for the period ending January 31 2024
    * The Secaucus New Jersey-based  company is expected to
report a
0.6% increase in revenue to $458.847 million from $456.13
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on March 1
2024, for the period ended January 31, was for revenue between
454.00 million and 456.00 million. (Sales/Revenue Majority Basis
is on Net / Total Revenue)
    * ​LSEG's mean analyst estimate for Children's Place Inc is
for a
loss of $1.14 per share. The company's EPS guidance on November
16 2023, for the period ended January 31, was between 0.25 and
0.45 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Children's
Place
Inc is $13.00​, below​ its last closing price of $16.13. ​​​

The company's guidance on March 1 2024 for the period ended
January 31 was for Earnings before Interest and Taxes between
-40.86 million and -36.48 million.The company's guidance on
November 16 2023 for the period ended January 31 was for gross
profit margin of 27.47%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  3.49        3.51       3.22      Missed  -8.3
 Jul. 31 2023  -2.10       -2.13      -2.12     Beat    0.5
 Apr. 30 2023  -1.87       -1.83      -2.00     Missed  -9.3​
 Jan. 31 2023  -4.08       -4.09      -3.87     Beat    5.5
 ​​Oct.        3.66        3.73       3.33      Missed  -10.8
 31 2022                                                
 Jul. 31 2022  0.68        0.56       -0.89     Missed  -257.8
                                                        ​
 Apr. 30 2022  1.41        1.46       1.05      Missed  -28
 Jan. 31 2022  2.85        2.85       3.02      Beat    6
 This summary was machine generated March 12 at 12:53 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)