Children's Place Inc expected to post a loss of 61 cents a share - Earnings Preview

Children's Place

24/05/2024 13:46

* Children's Place Inc  PLCE.OQ   PLCE.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 27
(estimated) for the period ending April 30 2024
    * The Secaucus New Jersey-based  company is expected to
report a
0.8% decrease in revenue to $319 million from $321.64 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 61 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 45.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Children's
Place
Inc is $16.50​, above​ its last closing price of $11.69. ​​​

This summary was machine generated May 24 at 12:46 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)