Children's Place (PLCE) Tops Q3 EPS by 1c, Q4 Guidance Misses

Children's Place (NASDAQ: PLCE) reported Q3 EPS of $3.03, $0.01 better than the analyst estimate of $3.02. Revenue for the quarter came in at $524.8 million versus the consensus estimate of $534.09 million.

GUIDANCE:

Children's Place sees FY2019 EPS of $5.00-$5.20, versus the consensus of $5.62. Children's Place sees FY2019 revenue of $1.862-1.867 billion, versus the consensus of $1.92 billion.

• A comparable retail sales decrease of approximately 3%

Children's Place sees Q4 2019 EPS of $1.48-$1.68, versus the consensus of $2.06. Children's Place sees Q4 2019 revenue of $504-509 million, versus the consensus of $555.13 million.

• A mid-single digit decrease in comparable retail sales

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

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