Torrid Holdings Inc reports results for the quarter ended in January - Earnings Summary

Torrid Holdings

28/03/2024 21:54

* Torrid Holdings Inc  CURV.N  reported a quarterly adjusted
loss
of 4 cents​​ per share for the quarter ended in January,
identical to the same quarter last year.  The mean expectation
of six analysts for the quarter was for a loss of 8 cents per
share. Wall Street expected results to range from -12 cents
to -6 cents per share.
    * Revenue fell 2.6% to $293.54 million from a year ago;
analysts
expected $274.83 million. 
    * Torrid Holdings Inc's reported EPS for the quarter was a
loss
of 4 cents​.
    * The company reported a quarterly loss of $4.07 million.
    * Torrid Holdings Inc shares had fallen by 20.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 4.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Torrid Holdings
Inc is $4.00 
This summary was machine generated from LSEG data March 28 at
09:54 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      -0.08          -0.04          Beat
 Oct. 31 2023      -0.05          -0.03          Beat
 Jul. 31 2023      0.11           0.06           Missed
 Apr. 30 2023      0.12           0.11           Missed