Children's Place Inc reports results for the quarter ended January 31 - Earnings Summary

• Children's Place Inc PLCE.OQ reported a quarterly adjusted loss of 75 cents​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $-7.38. The mean expectation of two analysts for the quarter was for earnings of 26 cents per share. Wall Street expected results to range from 16 cents to 35 cents per share.

• Revenue fell 10.2% to $408.56 million from a year ago; analysts expected $380.79 million.

• Children's Place Inc's reported EPS for the quarter was a loss of 62 cents​.

• The company reported a quarterly loss of $7.99 million.

• Children's Place Inc shares had fallen by 19.0% this quarter and lost 32.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 8.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• 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 $8.00

This summary was machine generated from LSEG data April 11 at 09:54 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)