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

Torrid Holdings

02/09/2024 13:35

* Torrid Holdings Inc  CURV.N   CURV.K  is expected to show
a fall
in quarterly revenue when it reports  results on September 4 for
the period ending July 31 2024
    * The City Of Industry California-based  company is expected
to
report a 1.3% decrease in revenue to $285.369 million from
$289.14 million a year ago, according to the mean estimate from
4 analysts, based on LSEG data.The company's guidance on June 12
2024, for the period ended July 31, was for revenue between
$280.00 million and $285.00 million.
    * ​LSEG's mean analyst estimate for Torrid Holdings Inc is
for
earnings of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 Torrid
Holdings
Inc is $6.75​, above​ its last closing price of $6.60. ​​​

The company's guidance on June 12 2024 for the period ended July
31 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD280 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  
 Apr. 30 2024  0.07        0.07       0.12      Beat    62.2
 Jan. 31 2024  -0.08       -0.08      -0.04     Beat    47.8
 Oct. 31 2023  -0.05       -0.05      -0.03     Beat    40​
 Jul. 31 2023  0.11        0.11       0.06      Missed  -44
 ​​Apr.        0.12        0.12       0.11      Missed  -10.5
 30 2023                                                
 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
 This summary was machine generated September 2 at 12:35 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)