Children's Place IncQ) expected to post a loss of $1.10 a share - Earnings Preview
Children’s Place IncQ) is projected to report a loss of $0.10 per share, with a 5.3% decline in quarterly revenue to $90.38 million for the period ending July 31, 2024. The average analyst rating is 'hold,' with no strong buy or sell recommendations. The median 12-month price target is $25.00, above its last closing price of $23.83.
Children’s Place Inc (PLCE.OQ) (PLCE.O) is expected to show a fall in quarterly revenue when it reports results on September 2 (estimated) for the period ending July 31 2024
The Secaucus New Jersey-based company is expected to report a 5.3% decrease in revenue to $327.38 million from $345.6 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG’s mean analyst estimate for Children’s Place Inc is for a loss of $1.10 per share.
The current average analyst rating on the shares is “hold” and the breakdown of recommendations is no “strong buy” or “buy,” 2 “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 Children’s Place Inc is $12.00, above its last closing price of $5.83. This summary was machine generated August 30 at 12:52 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)
