Torrid Holdings Inc expected to post a loss of 8 cents a share - Earnings Preview

Torrid Holdings

26/03/2024 20:12

* Torrid Holdings Inc  CURV.N   CURV.K  is expected to show
a fall
in quarterly revenue when it reports  results on March 28 for
the period ending January 31 2024
    * The City Of Industry California-based  company is expected
to
report a 8.8% decrease in revenue to $274.827 million from
$301.23 million a year ago, according to the mean estimate from
5 analysts, based on LSEG data.The company's guidance on
December 7 2023, for the period ended January 31, was for
revenue between $267.00 million and $283.00 million.
    * ​LSEG's mean analyst estimate for Torrid Holdings Inc is
for a
loss of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "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 Torrid
Holdings
Inc is $4.00​, below​ its last closing price of $4.41. ​​​

The company's guidance on December 7 2023 for the period ended
January 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD267 million and USD13 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  
 Oct. 31 2023  -0.05       -0.05      -0.03     Beat    40
 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.        0.12        0.12       0.07      Missed  -40.4
 31 2022                                                
 Jul. 31 2022  0.24        0.24       0.22      Missed  -8.3​
 Apr. 30 2022  0.20        0.20       0.23      Beat    15.7
 Jan. 31 2022  0.09        0.08       0.09      Beat    6.8
 This summary was machine generated March 26 at 20:12 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)