Analysts Expect Tilly’s Inc (TLYS) Will Announce Earnings of $0.25 Per Share

Equities analysts expect Tilly’s Inc (NYSE:TLYS) to report earnings per share of $0.25 for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Tilly’s’ earnings, with the lowest EPS estimate coming in at $0.23 and the highest estimate coming in at $0.25. Tilly’s posted earnings per share of $0.24 during the same quarter last year, which would indicate a positive year over year growth rate of 4.2%. The firm is scheduled to issue its next quarterly earnings results on Monday, March 11th.

According to Zacks, analysts expect that Tilly’s will report full-year earnings of $0.79 per share for the current year, with EPS estimates ranging from $0.77 to $0.83. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.90 per share, with EPS estimates ranging from $0.84 to $0.93. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover Tilly’s.

Tilly’s (NYSE:TLYS) last posted its quarterly earnings results on Wednesday, November 28th. The specialty retailer reported $0.24 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.23 by $0.01. Tilly’s had a return on equity of 14.04% and a net margin of 4.06%. The company had revenue of $146.80 million during the quarter, compared to the consensus estimate of $148.74 million. During the same period last year, the business earned $0.31 EPS. The business’s quarterly revenue was down 3.9% on a year-over-year basis.

A number of research analysts recently weighed in on the company. B. Riley cut their price objective on Tilly’s from $21.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday, December 6th. Pivotal Research raised Tilly’s from a “hold” rating to a “buy” rating and cut their price objective for the company from $17.00 to $14.00 in a research note on Thursday, December 6th. ValuEngine downgraded Tilly’s from a “hold” rating to a “sell” rating in a research note on Friday, November 30th. Roth Capital set a $18.00 price objective on Tilly’s and gave the company a “buy” rating in a research note on Thursday, November 29th. Finally, Bank of America cut their price objective on Tilly’s from $20.00 to $17.00 and set a “buy” rating on the stock in a research note on Thursday, November 29th. Two investment analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $18.40.

Shares of TLYS stock opened at $10.84 on Friday. Tilly’s has a twelve month low of $10.44 and a twelve month high of $25.46. The company has a market capitalization of $319.56 million, a P/E ratio of 13.38, a P/E/G ratio of 1.25 and a beta of 0.13.

In other Tilly’s news, Director Seth R. Johnson sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, September 28th. The stock was sold at an average price of $19.03, for a total value of $142,725.00. Following the sale, the director now owns 66,362 shares of the company’s stock, valued at approximately $1,262,868.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 48.26% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Harvest Fund Management Co. Ltd acquired a new stake in Tilly’s in the 3rd quarter valued at approximately $138,000. Point72 Hong Kong Ltd acquired a new stake in Tilly’s in the 3rd quarter valued at approximately $149,000. Victory Capital Management Inc. acquired a new stake in Tilly’s in the 3rd quarter valued at approximately $210,000. MetLife Investment Advisors LLC acquired a new stake in Tilly’s in the 3rd quarter valued at approximately $215,000. Finally, Marshall Wace LLP acquired a new stake in Tilly’s in the 3rd quarter valued at approximately $229,000. 70.70% of the stock is currently owned by hedge funds and other institutional investors.

About Tilly’s

Tilly's, Inc retails casual apparel, footwear, and accessories for young men and women, and boys and girls in the United States. Its apparel merchandise includes tops, outerwear, bottoms, and dresses; and accessories merchandise comprises backpacks, hats, sunglasses, headphones, handbags, watches, jewelry, and others.

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Earnings History and Estimates for Tilly`s (NYSE:TLYS)

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