Torrid Holdings Inc reports results for the quarter ended April 30 - Earnings Summary

• Torrid Holdings Inc CURV.N reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of five analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 4 cents to 5 cents per share.

• Revenue fell 4.9% to $265.97 million from a year ago; analysts expected $267.56 million.

• Torrid Holdings Inc's reported EPS for the quarter was 6 cents​.

• The company reported quarterly net income of $5.94 million.

• Torrid Holdings Inc shares had fallen by 7.1% this quarter and lost 2.7% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 65.7% 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 2 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Torrid Holdings Inc is $5.00

This summary was machine generated from LSEG data June 5 at 09:00 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)