Torrid Holdings Inc expected to post a loss of 5 cents a share - Earnings Preview

Torrid Holdings

05/12/2023 21:16

* Torrid Holdings Inc  CURV.N   CURV.K  is expected to show
a fall
in quarterly revenue when it reports  results on December 7 for
the period ending July 31 2023
    * The City Of Industry California-based  company is expected
to
report a 15.2% decrease in revenue to $245.826 million from
$290.03 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data.The company's guidance on
September 6 2023, for the period ended October 31, was for
revenue between $242.00 million and $251.00 million.
    * ​LSEG's mean analyst estimate for Torrid Holdings Inc is
for a
loss of 5 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 2.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Torrid
Holdings
Inc is $2.00​, below​ its last closing price of $4.25. ​​​

The company's guidance on September 6 2023 for the period ended
October 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD242 million and USD15 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jul. 31 2023  0.11        0.11       0.06      Missed  -44
 Apr. 30 2023  0.12        0.12       0.11      Missed  -10.5
 Jan. 31 2023  -0.07       -0.08      -0.04     Beat    47.8​
 Oct. 31 2022  0.12        0.12       0.07      Missed  -40.4
 ​​Jul.        0.24        0.24       0.22      Missed  -8.3
 31 2022                                                
 Apr. 30 2022  0.20        0.20       0.23      Beat    15.7​
 Jan. 31 2022  0.09        0.08       0.09      Beat    6.8
 Oct. 31 2021  0.23        0.23       0.25      Beat    8.9
 This summary was machine generated December 5 at 21:16 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)