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Tilly's Inc (NASDAQ:TLYS) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.09-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.20, StockRatingsNetwork.com reports.

Tilly's Inc (NASDAQ:TLYS) traded up 1.43% on Wednesday, hitting $8.52. 415,348 shares of the company’s stock traded hands. Tilly's Inc has a 52-week low of $7.32 and a 52-week high of $15.95. The stock has a 50-day moving average of $7.81 and a 200-day moving average of $9.82. The company has a market cap of $238.8 million and a P/E ratio of 14.26.

Tilly's (NASDAQ:TLYS) last announced its earnings results on Wednesday, August 27th. The company reported $0.05 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.05. The company had revenue of $123.10 million for the quarter, compared to the consensus estimate of $122.25 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up .0% on a year-over-year basis. On average, analysts predict that Tilly's Inc will post $0.48 earnings per share for the current fiscal year.

A number of research firms have recently commented on TLYS. Analysts at B. Riley downgraded shares of Tilly's from a buy rating to a neutral rating in a research note on Monday, June 30th. They now have a $9.00 price target on the stock, down previously from $12.50. On a related note, analysts at Roth Capital reiterated a buy rating on shares of Tilly's in a research note on Thursday, May 29th. They now have a $9.00 price target on the stock, down previously from $15.00. Finally, analysts at Goldman Sachs cut their price target on shares of Tilly's from $11.00 to $10.00 in a research note on Thursday, May 29th. They now have a neutral rating on the stock. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company. Tilly's currently has a consensus rating of Hold and a consensus price target of $10.86.

Tilly’s, Inc is a specialty retailer of West Coast apparel, footwear and accessories. The Company has brands in action sports, music, art and fashion.

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