Children’s Place, Inc. (The) (PLCE) Scheduled to Post Quarterly Earnings on Wednesday

Children’s Place, Inc. (The) (NASDAQ:PLCE) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, November 15th. Analysts expect the company to announce earnings of $2.46 per share for the quarter.

Children’s Place, Inc. (The) (NASDAQ:PLCE) last issued its earnings results on Wednesday, August 9th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.11. The business had revenue of $373.60 million during the quarter, compared to the consensus estimate of $376.53 million. Children’s Place, Inc. (The) had a return on equity of 26.01% and a net margin of 7.14%. The company’s revenue for the quarter was up .6% on a year-over-year basis. During the same period last year, the company earned ($0.01) EPS. On average, analysts expect Children’s Place, Inc. (The) to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Shares of Children’s Place, Inc. (NASDAQ:PLCE) opened at $112.90 on Tuesday. The stock has a market capitalization of $2,002.12, a PE ratio of 16.26, a P/E/G ratio of 1.71 and a beta of 0.27. Children’s Place, Inc. has a 52-week low of $84.90 and a 52-week high of $125.30.

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PLCE has been the subject of a number of recent analyst reports. BidaskClub downgraded Children’s Place, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. BMO Capital Markets set a $112.00 price objective on Children’s Place, Inc. (The) and gave the stock a “hold” rating in a research report on Sunday, September 10th. FBR & Co reissued a “buy” rating and set a $127.00 price objective on shares of Children’s Place, Inc. (The) in a research report on Monday, October 2nd. Finally, B. Riley reissued a “buy” rating on shares of Children’s Place, Inc. (The) in a research report on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Children’s Place, Inc. (The) currently has a consensus rating of “Buy” and a consensus target price of $128.36.

About Children’s Place, Inc. (The)

The Children’s Place, Inc (The Children’s Place) is a pure-play children’s specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children. The Company operates through two segments: The Children’s Place U.S. and The Children’s Place International.

Earnings History for Children`s Place, Inc. (The) (NASDAQ:PLCE)

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