The Children’s Place Reports Third Quarter 2023 Results

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Go back to The Children’s Place Reports Third Quarter 2023 Results

Children's Place (PLCE) sinks after a huge guidance miss

November 16, 2023 8:37 AM EST

Children's Place (NASDAQ: PLCE) released its Q3 earnings report today, which prompted shares to trade nearly 16% lower in pre-open Thursday.

The company reported earnings per share of $3.22, falling short of the estimated $3.58. The third-quarter revenue reached $480.2 million, exceeding the consensus estimate of $466.68... More

Children's Place (PLCE) Misses Q3 EPS by 36c, Revenue Beats, Offers Guidance

November 16, 2023 7:07 AM EST

Children's Place (NASDAQ: PLCE) reported Q3 EPS of $3.22, $0.36 worse than the analyst estimate of $3.58. Revenue for the quarter came in at $480.2 million versus the consensus estimate of $466.68 million.

GUIDANCE:

Children's Place sees Q4 2024 EPS of $0.25-$0.45, versus the consensus of... More