Children's Place (PLCE) Tops Q4 EPS by 21c

Children's Place (NASDAQ: PLCE) reported Q4 EPS of $3.02, $0.21 better than the analyst estimate of $2.81. Revenue for the quarter came in at $507.8 million versus the consensus estimate of $535.65 million.

Outlook:

Due to a lack of near-term visibility to top line demand based on the unprecedented stimulus released into the economy one year ago, the Company will not be providing EPS guidance. However, as a result of the accelerated structural reset to a digital first company that the Company has accomplished since the onset of the pandemic, the Company expects to deliver double digit EPS and double digit operating margin for Fiscal Year 2022.

For earnings history and earnings-related data on Children's Place (PLCE) click here.

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