Torrid Holdings Inc expected to post earnings of 7 cents a share - Earnings Preview

Torrid Holdings

10/06/2024 21:06

* Torrid Holdings Inc  CURV.N   CURV.K  is expected to show
a fall
in quarterly revenue when it reports  results on June 12 for the
period ending April 30 2024
    * The City Of Industry California-based  company is expected
to
report a 3.9% decrease in revenue to $282.396 million from
$293.85 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.The company's guidance on March
28 2024, for the period ended April 30, was for revenue between
$277.00 million and $282.00 million.
    * ​LSEG's mean analyst estimate for Torrid Holdings Inc is
for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 $5.38​, below​ its last closing price of $6.57. ​​​

The company's guidance on March 28 2024 for the period ended
April 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD277 million and USD34 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  
 Jan. 1 0001   -0.08       -0.08      -0.04     Beat    47.8
 Jan. 1 0001   -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.        -0.07       -0.08      -0.04     Beat    47.8
 31 2023                                                
 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. 30 2022  0.20        0.20       0.23      Beat    15.7
 This summary was machine generated June 10 at 20:06 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)