Citi Trends Inc expected to post a loss of 52 cents a share - Earnings Preview
23/08/2024 14:21
* Citi Trends Inc CTRN.OQ CTRN.O is expected to show a
rise in
quarterly revenue when it reports results on August 27 for the
period ending July 31 2024
* The Savannah Georgia-based company is expected to report
a
3.2% increase in revenue to $179.125 million from $173.55
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
* LSEG's mean analyst estimate for Citi Trends Inc is for a
loss
of 52 cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by
about 7.1%
in the last three months.
* Wall Street's median 12-month price target for Citi Trends
Inc
is $33.00, above its last closing price of $15.15.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Apr. 30 2024 -0.33 -0.31 -0.32 Missed -2.1
Jan. 31 2024 0.97 0.80 0.53 Missed -33.3
Oct. 31 2023 -0.21 -0.17 -0.56 Missed -224.6
Jan. 1 0001 -0.95 -0.94 -0.60 Beat 36.2
Apr. -0.30 -0.30 -0.66 Missed -120
30 2023
Jan. 1 0001 0.83 0.81 0.83 Beat 2.2
Oct. 31 2022 -0.06 -0.06 0.24 Beat 523.5
Jul. 31 2022 0.09 0.10 -0.31 Missed -426.3
This summary was machine generated August 23 at 13:21 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)