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Childrens Place (PLCE) Tops Q4 EPS by 11c; Issues Light Q1, FY13 Outlook

March 26, 2013 6:14 AM
Childrens Place (NASDAQ: PLCE) reported Q4 EPS of $1.15, $0.11 better than the analyst estimate of $1.04. Revenue for the quarter came in at $509.2 million versus the consensus estimate of $496.04 million.

Comparable retail sales, which excluded the 53rd week, increased 4.3% compared to the prior year.

Sees Q1 2013 EPS of $0.60-0.65, versus the consensus of $1.19. This guidance assumes negative high-single digit comparable retail sales for the quarter.

Also sees FY13 EPS of $2.90-3.10, versus the consensus of $3.13. This guidance assumes negative low-single digit comparable retail sales for the year.

For earnings history and earnings-related data on Childrens Place (PLCE) click here.

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