Children's Place Inc expected to post a loss of $1.10 a share - Earnings Preview

Reuters · 08/30 12:52
Children's Place Inc <PLCE.OQ> expected to post a loss of $1.10 a share - Earnings Preview

  • 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 "strong buy" or "buy," 2 "hold" and "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)