Children's Place Retail Stores (PLCE) Scheduled to Post Earnings on Thursday
Children's Place Retail Stores (NASDAQ:PLCE) is scheduled to post its Q114 quarterly earnings results on Thursday, May 22nd. Analysts expect Children's Place Retail Stores to post earnings of $0.61 per share and revenue of $407.99 million for the quarter. Children's Place Retail Stores has set its Q1 guidance at $0.56-0.66 EPS and its FY15 guidance at $2.85-3.05 EPS.Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Children's Place Retail Stores (NASDAQ:PLCE) last released its earnings data on Thursday, March 6th. The company reported $0.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.95 by $0.01. The company had revenue of $467.50 million for the quarter, compared to the consensus estimate of $484.82 million. During the same quarter in the prior year, the company posted $1.15 earnings per share. The company’s quarterly revenue was down 8.2% on a year-over-year basis. On average, analysts expect Children's Place Retail Stores to post $3.01 EPS for the current fiscal year and $3.45 EPS for the next fiscal year.
Shares of Children's Place Retail Stores (NASDAQ:PLCE) opened at 46.83 on Wednesday. Children's Place Retail Stores has a 52-week low of $44.54 and a 52-week high of $58.89. The stock’s 50-day moving average is $48.35 and its 200-day moving average is $52.36. The company has a market cap of $1.031 billion and a price-to-earnings ratio of 20.77.
Several analysts have recently commented on the stock. Analysts at Goldman Sachs cut their price target on shares of Children's Place Retail Stores to $36.00 in a research note on Tuesday. On a related note, analysts at Zacks upgraded shares of Children's Place Retail Stores from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 7th. They now have a $47.40 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Children's Place Retail Stores in a research note on Friday, April 11th. They now have a “buy” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Children's Place Retail Stores currently has a consensus rating of “Hold” and an average price target of $54.40.
The Children’s Place Retail Stores, Inc operates as a specialty retailer of apparel and accessories for children.
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