The Children’s Place Reports Third Quarter 2016 Results
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Mizuho Securities Raises Price Target on Children's Place (PLCE) Following 3Q report
November 17, 2016 1:37 PM ESTMizuho Securities reiterated a Buy rating on The Children's Place (NASDAQ: PLCE), and raised the price target to $105.00 (from $95.00), following the company's 3Q earnings report. Mizuho believes that PLCEs strong product assortment continues to gain market share. Additionally, 4Q QTD comps are positive despite lapping a tough +6.7% LY, reflecting... More
Children's Place (PLCE) Tops Q3 EPS by 27c, Comps Up 4.6%; Raises Outlook
November 17, 2016 7:02 AM ESTChildren's Place (NASDAQ: PLCE) reported Q3 EPS of $2.29, $0.27 better than the analyst estimate of $2.02. Revenue for the quarter came in at $473.8 million versus the consensus estimate of $461.98 million. Comparable Retail Sales Increase of 4.6%.
GUIDANCE:
Children's Place sees FY2016 EPS of $5.00-$5.05, versus prior guidance of... More
