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

Torrid Holdings

03/12/2024 22:02

* Torrid Holdings Inc  CURV.N  reported a quarterly adjusted
loss
of 1 cent​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of -3 cents.  The mean expectation of five analysts for the
quarter was for earnings of 3 cents per share. Wall Street
expected results to range from 1 cents to 7 cents per share.
    * Revenue fell 4.2% to $263.77 million from a year ago;
analysts
expected $285.82 million. 
    * Torrid Holdings Inc's reported EPS for the quarter was a
loss of
1 cent​.
    * The company reported a quarterly loss of $1.19 million.
    * Torrid Holdings Inc shares had risen by 16.3% this
quarter and
lost 20.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 135.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $5.75 
This summary was machine generated from LSEG data December 3 at
10:01 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 2024      0.03           -0.01          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