Children's Place Inc reports results for the quarter ended April 30 - Earnings Summary

• Children's Place Inc PLCE.OQ reported a quarterly adjusted loss of $1.52​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $-1.18. The lone analyst forecast for the quarter was for a loss of 51 cents per share.

• Revenue fell 9.6% to $242.13 million from a year ago; analysts expected $260.62 million.

• Children's Place Inc's reported EPS for the quarter was a loss of $1.57​.

• The company reported a quarterly loss of $34.02 million.

• Children's Place Inc shares had fallen by 24.6% this quarter and lost 37.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.7% 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 no "strong buy" or "buy," 1 "hold" and no "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 Children's Place Inc is $7.00

This summary was machine generated from LSEG data June 6 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)