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

Torrid Holdings

08/12/2023 13:12

* Torrid Holdings Inc  CURV.N  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in October, lower
than the same quarter last year, when the company reported EPS
of 7 cents.  The mean expectation of six analysts for the
quarter was for a loss of 5 cents per share. Wall Street
expected results to range from -7 cents to -3 cents per share.
    * Revenue fell 5% to $275.41 million from a year ago;
analysts
expected $245.83 million. 
    * Torrid Holdings Inc's reported EPS for the quarter was a
loss
of 3 cents​.
    * The company reported a quarterly loss of $2.75 million.
    * Torrid Holdings Inc shares had risen by 87.8% this
quarter and
gained 40.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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," 6
"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 December 8 at
01:11 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
 Oct. 31 2023      -0.05          -0.03          Beat
 Jul. 31 2023      0.11           0.06           Missed
 Apr. 30 2023      0.12           0.11           Missed
 Jan. 31 2023      -0.08          -0.04          Beat