Torrid Holdings Inc reports results for the quarter ended in July 31 - Earnings Summary

Torrid Holdings

04/09/2024 14:32

* Torrid Holdings Inc  CURV.N  reported quarterly adjusted
earnings of 8 cents​​ per share for the quarter ended July 31,
higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of five analysts
for the quarter was for earnings of 8 cents per share. Wall
Street expected results to range from 5 cents to 10 cents per
share.
    * Revenue fell 1.6% to $284.64 million from a year ago;
analysts
expected $285.37 million. 
    * Torrid Holdings Inc's reported EPS for the quarter was 8
cents​.
    * The company reported quarterly net income of $8.33
million.
    * Torrid Holdings Inc shares had fallen by 18.0% this
quarter and
gained 6.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 11.4%
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 no "strong buy" or "buy," 4
"hold" and 1 "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 6.75 
This summary was machine generated from LSEG data September 4 at
01:31 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
 Jul. 31 2024      0.08           0.08           Met
 Apr. 30 2024      0.07           0.12           Beat
 Jan. 31 2024      -0.08          -0.04          Beat
 Oct. 31 2023      -0.05          -0.03          Beat