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

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

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