Children's Place Inc reports results for the quarter ended in July - Earnings Summary

Children's Place

17/08/2023 14:32

* Children's Place Inc  PLCE.OQ  reported a quarterly
adjusted
loss of $2.12​​ per share for the quarter ended in July. The
mean expectation of four analysts for the quarter was for a loss
of $2.13 per share.
    * Revenue fell 9.3% to $345.60 million from a year ago;
analysts
expected $342.64 million. 
    * Children's Place Inc's reported EPS for the quarter was a
loss
of $2.82​.
    * The mean earnings estimate of analysts had fallen by
about 34.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Children's Place Inc shares had risen by 14.2% this
quarter and
lost 27.2% so far this year.
    * The company reported a quarterly loss of $35.36 million.
    * Wall Street's median 12-month price target for Children's
Place
Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 17 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      -2.13          -2.12          Beat
 Apr. 30 2023      -1.83          -2.00          Missed
 Jan. 31 2023      -4.09          -3.87          Beat
 Oct. 31 2022      3.73           3.33           Missed