Container Store Group Inc expected to post a loss of 12 cents a share - Earnings Preview

Container Store

10/05/2024 15:04

* Container Store Group Inc  TCS.N   TCS  is expected
to show a
fall in quarterly revenue when it reports  results on May 14 for
the period ending March 31 2024
    * The Coppell Texas-based  company is expected to report a
21.3% decrease in revenue to $204.302 million from $259.72
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.The company's guidance on February
6 2024, for the period ended March 31, was for revenue between
$200.00 million and $205.00 million. (Majority is on Net Sales
Basis)
    * ​LSEG's mean analyst estimate for Container Store Group
Inc is
for a loss of 12 cents per share. The company's EPS guidance on
February 6 2024, for the period ended March 31, was between
$-0.12 and $-0.09 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"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 Container
Store
Group Inc is $2.00​, above​ its last closing price of $0.98. ​​​

This summary was machine generated May 10 at 14:03 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)