Torrid Holdings Inc expected to post earnings of 11  cents a share - Earnings Preview

Torrid Holdings

04/09/2023 22:03

* Torrid Holdings Inc  CURV.N   CURV.K  is expected to show
a fall
in quarterly revenue when it reports  results on September 6. 
    * The City Of Industry California-based  company is expected
to
report  a 15.9% decrease in revenue to $286.738 million from
$340.88 million a year ago, according to the mean estimate from
7 analysts, based on Refinitiv data. The company's guidance on
June 7 2023, for the period ended July 31, was for revenue
between $280.00 million and $295.00 million.
    * ​Refinitiv's mean analyst estimate for Torrid Holdings Inc
is
for earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"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 $3​, above​ its last closing price of $2.21. ​​​

The company's guidance on June 7 2023 for the period ended July
31 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD280 million and USD38 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.24        0.24       0.22      Missed  -8.3
 ​​Apr.        0.20        0.20       0.23      Beat    15.7
 30 2022                                                
 Jan. 31 2022  0.09        0.08       0.09      Beat    6.8​
 Oct. 31 2021  0.23        0.23       0.25      Beat    8.9
 Jul. 31 2021  0.16        0.16       0.36      Beat    125
 This summary was machine generated September 4 at 21:03 GMT. 
All figures in US dollars  unless otherwise stated